- 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) | 12.03 | 278.3 | 80.63 | 0.02 | 100.0 | 0.0 | 7.56 | -73.57 | -44.66 | 4335.03 | -40.9 | -13.38 | 134.69 | -41.99 | -19.13 | 4207.90 | -41.0 | -13.27 |
| 23Q3 (19) | 3.18 | 30.86 | -82.51 | 0.01 | -50.0 | -87.5 | 28.60 | -23.77 | 470.86 | 7335.48 | 22.61 | 505.11 | 232.20 | 23.59 | 488.89 | 7131.89 | 22.28 | 505.51 |
| 23Q2 (18) | 2.43 | -4.33 | -88.48 | 0.02 | 100.0 | -66.67 | 37.52 | 4.78 | 770.53 | 5982.66 | -31.85 | 275.84 | 187.88 | -31.54 | 313.29 | 5832.30 | -31.7 | 276.11 |
| 23Q1 (17) | 2.54 | -61.86 | -50.97 | 0.01 | -50.0 | 0.0 | 35.81 | 162.15 | 103.81 | 8778.44 | 75.4 | 18.42 | 274.42 | 64.77 | 51.34 | 8539.83 | 76.01 | 17.81 |
| 22Q4 (16) | 6.66 | -63.37 | -5.26 | 0.02 | -75.0 | -33.33 | 13.66 | 172.65 | 5.56 | 5004.83 | 312.85 | 90.43 | 166.55 | 322.39 | 195.25 | 4851.94 | 311.94 | 87.71 |
| 22Q3 (15) | 18.18 | -13.8 | 106.12 | 0.08 | 33.33 | 60.0 | 5.01 | 16.24 | -51.45 | 1212.26 | -23.84 | -38.3 | 39.43 | -13.26 | 0.92 | 1177.84 | -24.04 | -39.16 |
| 22Q2 (14) | 21.09 | 307.14 | 365.56 | 0.06 | 500.0 | 200.0 | 4.31 | -75.47 | -78.55 | 1591.83 | -78.53 | -62.49 | 45.46 | -74.93 | -82.62 | 1550.69 | -78.61 | -61.25 |
| 22Q1 (13) | 5.18 | -26.32 | 125.22 | 0.01 | -66.67 | 0.0 | 17.57 | 35.78 | -55.59 | 7412.83 | 182.05 | 6.67 | 181.33 | 221.45 | -65.6 | 7249.07 | 180.46 | 12.18 |
| 21Q4 (12) | 7.03 | -20.29 | 26.67 | 0.03 | -40.0 | 0.0 | 12.94 | 25.39 | -21.1 | 2628.21 | 33.76 | -22.15 | 56.41 | 44.38 | -33.04 | 2584.74 | 33.51 | -21.87 |
| 21Q3 (11) | 8.82 | 94.7 | 17.6 | 0.05 | 150.0 | 66.67 | 10.32 | -48.63 | -14.92 | 1964.80 | -53.7 | -38.6 | 39.07 | -85.06 | -46.46 | 1936.05 | -51.62 | -38.33 |
| 21Q2 (10) | 4.53 | 96.96 | 3.42 | 0.02 | 100.0 | -50.0 | 20.09 | -49.22 | -3.37 | 4243.33 | -38.94 | 91.13 | 261.50 | -50.39 | 355.89 | 4001.91 | -38.07 | 83.28 |
| 21Q1 (9) | 2.30 | -58.56 | -42.21 | 0.01 | -66.67 | -80.0 | 39.56 | 141.22 | 72.9 | 6949.45 | 105.85 | 276.29 | 527.06 | 525.59 | 909.31 | 6461.95 | 95.34 | 255.54 |
| 20Q4 (8) | 5.55 | -26.0 | -35.39 | 0.03 | 0.0 | -70.0 | 16.40 | 35.2 | 54.86 | 3375.91 | 5.49 | 256.7 | 84.25 | 15.46 | 209.17 | 3308.06 | 5.38 | 255.79 |
| 20Q3 (7) | 7.50 | 71.23 | -32.74 | 0.03 | -25.0 | -62.5 | 12.13 | -41.65 | 48.65 | 3200.10 | 44.14 | 178.57 | 72.97 | 27.21 | 71.17 | 3139.26 | 43.77 | 181.72 |
| 20Q2 (6) | 4.38 | 10.05 | -53.5 | 0.04 | -20.0 | -55.56 | 20.79 | -9.13 | 115.22 | 2220.09 | 20.21 | 120.14 | 57.36 | 9.84 | 26.12 | 2183.51 | 20.14 | 124.48 |
| 20Q1 (5) | 3.98 | -53.67 | -25.75 | 0.05 | -50.0 | -44.44 | 22.88 | 116.05 | 34.75 | 1846.84 | 95.14 | 78.18 | 52.22 | 91.63 | -7.18 | 1817.50 | 95.48 | 82.25 |
| 19Q4 (4) | 8.59 | -22.96 | 0.0 | 0.10 | 25.0 | 0.0 | 10.59 | 29.78 | 0.0 | 946.43 | -17.61 | 0.0 | 27.25 | -36.08 | 0.0 | 929.77 | -16.56 | 0.0 |
| 19Q3 (3) | 11.15 | 18.37 | 0.0 | 0.08 | -11.11 | 0.0 | 8.16 | -15.53 | 0.0 | 1148.77 | 13.91 | 0.0 | 42.63 | -6.27 | 0.0 | 1114.30 | 14.56 | 0.0 |
| 19Q2 (2) | 9.42 | 75.75 | 0.0 | 0.09 | 0.0 | 0.0 | 9.66 | -43.11 | 0.0 | 1008.50 | -2.7 | 0.0 | 45.48 | -19.16 | 0.0 | 972.69 | -2.46 | 0.0 |
| 19Q1 (1) | 5.36 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 16.98 | 0.0 | 0.0 | 1036.52 | 0.0 | 0.0 | 56.26 | 0.0 | 0.0 | 997.23 | 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) | 44.57 | -16.44 | 0.06 | -62.5 | 8.19 | 19.74 | 6122.71 | 173.26 | 200.15 | 216.49 | 5930.74 | 171.53 |
| 2022 (9) | 53.34 | 96.54 | 0.16 | 14.29 | 6.84 | -49.14 | 2240.62 | -17.04 | 63.24 | -4.8 | 2184.22 | -17.51 |
| 2021 (8) | 27.14 | 81.05 | 0.14 | 0.0 | 13.45 | -44.76 | 2700.86 | 5.69 | 66.43 | -5.68 | 2647.88 | 5.52 |
| 2020 (7) | 14.99 | -29.43 | 0.14 | -60.0 | 24.35 | 41.65 | 2555.54 | 145.13 | 70.43 | 42.14 | 2509.45 | 148.42 |
| 2019 (6) | 21.24 | 182.45 | 0.35 | 250.0 | 17.19 | -64.59 | 1042.52 | -71.33 | 49.55 | -76.91 | 1010.16 | -70.89 |
| 2018 (5) | 7.52 | -66.67 | 0.10 | -16.67 | 48.55 | 200.06 | 3635.86 | 17.96 | 214.64 | 38.59 | 3469.77 | 17.87 |
| 2017 (4) | 22.56 | -57.06 | 0.12 | -45.45 | 16.18 | 132.81 | 3082.30 | 87.29 | 154.87 | 111.74 | 2943.61 | 86.36 |
| 2016 (3) | 52.54 | -80.47 | 0.22 | -37.14 | 6.95 | 411.03 | 1645.72 | 59.63 | 73.14 | 73.4 | 1579.52 | 59.52 |
| 2015 (2) | 269.09 | 201.2 | 0.35 | 600.0 | 1.36 | -66.75 | 1030.97 | -86.6 | 42.18 | -85.9 | 990.15 | -86.62 |
| 2014 (1) | 89.34 | -60.96 | 0.05 | -88.1 | 4.09 | 157.23 | 7695.84 | 795.8 | 299.17 | 716.73 | 7400.75 | 798.07 |
