- 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) | 2.25 | 1.35 | 30.81 | 0.06 | -33.33 | -45.45 | 40.47 | -1.08 | -23.42 | 1462.16 | 41.23 | 77.1 | 23.54 | -26.48 | 83.05 | 1479.09 | 41.65 | 70.87 |
| 23Q3 (19) | 2.22 | -7.88 | 2.3 | 0.09 | 50.0 | -10.0 | 40.91 | 8.57 | -2.6 | 1035.27 | -29.85 | 9.9 | 32.02 | -10.51 | 32.04 | 1044.16 | -29.34 | 8.79 |
| 23Q2 (18) | 2.41 | 23.59 | -22.51 | 0.06 | -14.29 | -53.85 | 37.68 | -19.23 | 28.64 | 1475.83 | 19.34 | 103.81 | 35.78 | 88.71 | 6.17 | 1477.74 | 16.88 | 105.32 |
| 23Q1 (17) | 1.95 | 13.37 | -15.95 | 0.07 | -36.36 | 16.67 | 46.65 | -11.73 | 19.04 | 1236.64 | 49.78 | -12.61 | 18.96 | 47.43 | -76.76 | 1264.33 | 46.06 | -7.89 |
| 22Q4 (16) | 1.72 | -20.74 | -34.1 | 0.11 | 10.0 | -69.44 | 52.85 | 25.83 | 51.78 | 825.62 | -12.36 | 226.31 | 12.86 | -46.97 | -21.63 | 865.61 | -9.81 | 218.91 |
| 22Q3 (15) | 2.17 | -30.23 | -1.81 | 0.10 | -23.08 | 25.0 | 42.00 | 43.39 | 1.82 | 942.01 | 30.09 | -16.87 | 24.25 | -28.04 | -69.71 | 959.75 | 33.35 | -12.3 |
| 22Q2 (14) | 3.11 | 34.05 | 64.55 | 0.13 | 116.67 | 116.67 | 29.29 | -25.26 | -39.32 | 724.13 | -48.83 | -51.79 | 33.70 | -58.69 | -74.95 | 719.72 | -47.57 | -49.16 |
| 22Q1 (13) | 2.32 | -11.11 | 14.85 | 0.06 | -83.33 | -40.0 | 39.19 | 12.55 | -12.97 | 1415.01 | 459.25 | 51.9 | 81.58 | 397.14 | -18.11 | 1372.63 | 405.7 | 56.52 |
| 21Q4 (12) | 2.61 | 18.1 | 51.74 | 0.36 | 350.0 | 260.0 | 34.82 | -15.59 | -33.99 | 253.02 | -77.67 | -71.87 | 16.41 | -79.5 | -86.38 | 271.43 | -75.2 | -67.37 |
| 21Q3 (11) | 2.21 | 16.93 | 11.06 | 0.08 | 33.33 | -33.33 | 41.25 | -14.54 | -9.95 | 1133.20 | -24.55 | 44.45 | 80.05 | -40.49 | -34.75 | 1094.39 | -22.7 | 54.66 |
| 21Q2 (10) | 1.89 | -6.44 | 47.66 | 0.06 | -40.0 | -14.29 | 48.27 | 7.2 | -31.86 | 1501.93 | 61.23 | 23.76 | 134.51 | 35.02 | -31.51 | 1415.69 | 61.43 | 30.11 |
| 21Q1 (9) | 2.02 | 17.44 | 31.17 | 0.10 | 0.0 | 25.0 | 45.03 | -14.64 | -23.97 | 931.57 | 3.56 | -21.62 | 99.62 | -17.33 | -48.88 | 876.99 | 5.44 | -16.71 |
| 20Q4 (8) | 1.72 | -13.57 | 11.69 | 0.10 | -16.67 | 25.0 | 52.75 | 15.15 | -10.84 | 899.53 | 14.67 | -19.17 | 120.51 | -1.78 | -36.85 | 831.78 | 17.55 | -15.22 |
| 20Q3 (7) | 1.99 | 55.47 | 8.15 | 0.12 | 71.43 | 33.33 | 45.81 | -35.33 | -7.23 | 784.47 | -35.36 | -19.99 | 122.69 | -37.53 | -29.31 | 707.59 | -34.97 | -17.36 |
| 20Q2 (6) | 1.28 | -16.88 | -50.58 | 0.07 | -12.5 | -22.22 | 70.84 | 19.6 | 101.36 | 1213.61 | 2.11 | 25.84 | 196.39 | 0.79 | 18.88 | 1088.06 | 3.34 | 30.4 |
| 20Q1 (5) | 1.54 | 0.0 | -38.4 | 0.08 | 0.0 | -11.11 | 59.23 | 0.12 | 62.99 | 1188.57 | 6.81 | 23.97 | 194.86 | 2.11 | 17.09 | 1052.93 | 7.32 | 27.06 |
| 19Q4 (4) | 1.54 | -16.3 | 0.0 | 0.08 | -11.11 | 0.0 | 59.16 | 19.81 | 0.0 | 1112.80 | 13.5 | 0.0 | 190.84 | 9.95 | 0.0 | 981.11 | 14.58 | 0.0 |
| 19Q3 (3) | 1.84 | -28.96 | 0.0 | 0.09 | 0.0 | 0.0 | 49.38 | 40.36 | 0.0 | 980.43 | 1.66 | 0.0 | 173.57 | 5.07 | 0.0 | 856.24 | 2.61 | 0.0 |
| 19Q2 (2) | 2.59 | 3.6 | 0.0 | 0.09 | 0.0 | 0.0 | 35.18 | -3.19 | 0.0 | 964.44 | 0.59 | 0.0 | 165.20 | -0.73 | 0.0 | 834.42 | 0.69 | 0.0 |
| 19Q1 (1) | 2.50 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 36.34 | 0.0 | 0.0 | 958.78 | 0.0 | 0.0 | 166.42 | 0.0 | 0.0 | 828.69 | 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) | 9.31 | -13.15 | 0.28 | -31.71 | 39.21 | 15.15 | 1289.18 | 43.7 | 21.21 | -46.39 | 1307.18 | 46.6 |
| 2022 (9) | 10.72 | 15.52 | 0.41 | -33.87 | 34.05 | -13.45 | 897.15 | 52.44 | 39.56 | -26.81 | 891.64 | 55.39 |
| 2021 (8) | 9.28 | 35.67 | 0.62 | 67.57 | 39.34 | -26.25 | 588.52 | -40.11 | 54.05 | -59.76 | 573.81 | -36.36 |
| 2020 (7) | 6.84 | -23.66 | 0.37 | 2.78 | 53.34 | 30.96 | 982.63 | -3.47 | 134.32 | -21.99 | 901.64 | 1.71 |
| 2019 (6) | 8.96 | -2.08 | 0.36 | -34.55 | 40.73 | 2.13 | 1017.95 | 54.02 | 172.18 | 51.45 | 886.50 | 51.0 |
| 2018 (5) | 9.15 | 26.73 | 0.55 | 1.85 | 39.88 | -21.12 | 660.90 | -2.69 | 113.69 | 14.62 | 587.09 | -6.89 |
| 2017 (4) | 7.22 | 57.3 | 0.54 | -32.5 | 50.56 | -36.39 | 679.14 | 48.41 | 99.19 | 78.05 | 630.51 | 30.98 |
| 2016 (3) | 4.59 | 39.09 | 0.80 | 23.08 | 79.49 | -28.04 | 457.62 | -18.01 | 55.71 | -35.37 | 481.39 | -17.34 |
| 2015 (2) | 3.30 | -25.34 | 0.65 | -14.47 | 110.46 | 33.7 | 558.11 | 16.81 | 86.20 | 10.47 | 582.38 | 20.73 |
| 2014 (1) | 4.42 | 6.25 | 0.76 | -9.52 | 82.62 | -5.88 | 477.79 | 9.49 | 78.03 | 32.43 | 482.37 | 3.69 |
