- 收帳和銷貨天數如果一直上升, 就要當心了!
- 存貨在不同時期有不同的意義, 像是滯銷, 或是因為報價回升而屯貨, 或是積極備料, 這都需要去看存貨細項和判斷當時的情況來分辨
- 當存貨增加時, 還需要注意增加的是不是商品或製成品. 如果是在製品或原物料, 反而有可能是供給不順沒法變製成品又或者是需求旺盛(短期營收趨勢向上)
- 處在景氣下行的公司當存貨細項-原料和在製品的回升可能代表訂單開始回溫了
- 當記憶體模組廠, 像是威剛、十銓存貨增加時, 有可能是在增加低價庫存, 代表著景氣循環來到相對低點, 也許就是建立部位的好時機
- 當淨營業週期(日)接近於0, 代表公司好像在做無本生意
| 應收帳款周轉率 QoQ YoY | 存貨周轉率 QoQ YoY | 平均收帳天數 QoQ YoY | 平圴銷貨天數 QoQ YoY | 應付帳款付現天數 QoQ YoY | 淨營業週期(日) QoQ YoY | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 1.68 | -55.56 | -48.15 | 1.35 | -15.62 | -34.47 | 54.30 | 125.4 | 93.03 | 67.20 | 17.83 | 51.97 | 728.59 | 21.03 | -39.72 | -607.09 | -16.55 | 46.57 |
| 23Q3 (19) | 3.78 | 0.53 | 8.62 | 1.60 | 52.38 | -96.6 | 24.09 | -0.54 | -7.81 | 57.03 | -34.41 | 2854.92 | 601.99 | -43.42 | -53.03 | -520.87 | 45.33 | 58.45 |
| 23Q2 (18) | 3.76 | 38.75 | 31.47 | 1.05 | -0.94 | -94.46 | 24.22 | -27.83 | -23.76 | 86.95 | 0.92 | 1711.46 | 1063.93 | -15.1 | -41.67 | -952.76 | 15.94 | 46.69 |
| 23Q1 (17) | 2.71 | -16.36 | 3.83 | 1.06 | -48.54 | -96.12 | 33.56 | 19.3 | -3.73 | 86.16 | 94.84 | 2487.39 | 1253.20 | 3.69 | -52.75 | -1133.48 | 0.24 | 56.64 |
| 22Q4 (16) | 3.24 | -6.9 | -11.23 | 2.06 | -95.62 | -99.62 | 28.13 | 7.65 | 12.97 | 44.22 | 2191.19 | 25911.76 | 1208.61 | -5.7 | -67.02 | -1136.26 | 9.36 | 68.78 |
| 22Q3 (15) | 3.48 | 21.68 | 17.17 | 47.06 | 148.34 | 0 | 26.13 | -17.75 | -14.75 | 1.93 | -59.79 | 0 | 1281.68 | -29.73 | -59.68 | -1253.62 | 29.86 | 60.18 |
| 22Q2 (14) | 2.86 | 9.58 | -1.72 | 18.95 | -30.64 | 0 | 31.77 | -8.86 | 1.63 | 4.80 | 44.14 | 0 | 1823.91 | -31.23 | -53.47 | -1787.34 | 31.62 | 54.04 |
| 22Q1 (13) | 2.61 | -28.49 | -8.74 | 27.32 | -94.91 | 0 | 34.86 | 40.0 | 9.59 | 3.33 | 1858.82 | 0 | 2652.19 | -27.63 | -43.25 | -2614.00 | 28.18 | 43.69 |
| 21Q4 (12) | 3.65 | 22.9 | 36.7 | 536.50 | 0 | 0 | 24.90 | -18.76 | -27.07 | 0.17 | 0 | 0 | 3664.53 | 15.28 | 7.33 | -3639.46 | -15.6 | -7.68 |
| 21Q3 (11) | 2.97 | 2.06 | 18.33 | 0.00 | 0 | 0 | 30.65 | -1.95 | -15.61 | 0.00 | 0 | 0 | 3178.88 | -18.91 | -28.01 | -3148.23 | 19.05 | 28.11 |
| 21Q2 (10) | 2.91 | 1.75 | -8.78 | 0.00 | 0 | 0 | 31.26 | -1.73 | 9.72 | 0.00 | 0 | 0 | 3920.18 | -16.13 | -4.94 | -3888.91 | 16.22 | 5.05 |
| 21Q1 (9) | 2.86 | 7.12 | -7.14 | 0.00 | 0 | 0 | 31.81 | -6.82 | 7.79 | 0.00 | 0 | 0 | 4673.86 | 36.9 | 20.1 | -4642.05 | -37.34 | -20.19 |
| 20Q4 (8) | 2.67 | 6.37 | -8.25 | 0.00 | 0 | 0 | 34.14 | -6.0 | 9.11 | 0.00 | 0 | 0 | 3414.11 | -22.68 | 8.22 | -3379.97 | 22.82 | -8.21 |
| 20Q3 (7) | 2.51 | -21.32 | 1.21 | 0.00 | 0 | 0 | 36.32 | 27.48 | -0.9 | 0.00 | 0 | 0 | 4415.69 | 7.07 | 9.37 | -4379.37 | -6.93 | -9.47 |
| 20Q2 (6) | 3.19 | 3.57 | 35.74 | 0.00 | 0 | 0 | 28.49 | -3.46 | -26.57 | 0.00 | 0 | 0 | 4124.08 | 5.97 | -0.15 | -4095.59 | -6.04 | -0.1 |
| 20Q1 (5) | 3.08 | 5.84 | 39.37 | 0.00 | 0 | 0 | 29.51 | -5.69 | -28.41 | 0.00 | 0 | 0 | 3891.71 | 23.36 | -16.44 | -3862.21 | -23.65 | 16.34 |
| 19Q4 (4) | 2.91 | 17.34 | 0.0 | 0.00 | 0 | 0.0 | 31.29 | -14.62 | 0.0 | 0.00 | 0 | 0.0 | 3154.71 | -21.86 | 0.0 | -3123.42 | 21.93 | 0.0 |
| 19Q3 (3) | 2.48 | 5.53 | 0.0 | 0.00 | 0 | 0.0 | 36.65 | -5.54 | 0.0 | 0.00 | 0 | 0.0 | 4037.27 | -2.25 | 0.0 | -4000.62 | 2.22 | 0.0 |
| 19Q2 (2) | 2.35 | 6.33 | 0.0 | 0.00 | 0 | 0.0 | 38.80 | -5.87 | 0.0 | 0.00 | 0 | 0.0 | 4130.30 | -11.32 | 0.0 | -4091.50 | 11.37 | 0.0 |
| 19Q1 (1) | 2.21 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 41.22 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 4657.61 | 0.0 | 0.0 | -4616.38 | 0.0 | 0.0 |
| 應收帳款周轉率 YoY | 存貨周轉率 YoY | 平均收帳天數 YoY | 平圴銷貨天數 YoY | 應付帳款付現天數 YoY | 淨營業週期(日) YoY | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 5.28 | -44.89 | 4.81 | -14.41 | 69.14 | 81.47 | 75.95 | 17.03 | 1039.08 | -44.6 | -893.99 | 0 |
| 2022 (9) | 9.58 | 11.92 | 5.62 | -99.74 | 38.10 | -10.69 | 64.90 | 38076.47 | 1875.69 | -56.59 | -1772.69 | 0 |
| 2021 (8) | 8.56 | -24.05 | 2136.60 | 0 | 42.66 | 31.71 | 0.17 | 0 | 4321.20 | 5.93 | -4278.37 | 0 |
| 2020 (7) | 11.27 | 6.62 | 0.00 | 0 | 32.39 | -6.2 | 0.00 | 0 | 4079.36 | -0.15 | -4046.96 | 0 |
| 2019 (6) | 10.57 | 6.45 | 0.00 | 0 | 34.53 | -6.02 | 0.00 | 0 | 4085.33 | -5.85 | -4050.81 | 0 |
| 2018 (5) | 9.93 | -40.96 | 0.00 | 0 | 36.74 | 69.23 | 0.00 | 0 | 4339.12 | -12.35 | -4302.38 | 0 |
| 2017 (4) | 16.82 | -35.78 | 0.00 | 0 | 21.71 | 55.74 | 0.00 | 0 | 4950.56 | 35.74 | -4928.85 | 0 |
| 2016 (3) | 26.19 | -19.54 | 0.00 | 0 | 13.94 | 24.24 | 0.00 | 0 | 3647.22 | 36.01 | -3633.28 | 0 |
| 2015 (2) | 32.55 | 30.72 | 0.00 | 0 | 11.22 | -23.47 | 0.00 | 0 | 2681.66 | -8.52 | -2670.45 | 0 |
| 2014 (1) | 24.90 | 62.43 | 0.00 | 0 | 14.66 | -38.43 | 0.00 | 0 | 2931.34 | -32.88 | -2916.68 | 0 |
