- 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) | 7.83 | -91.47 | 147.0 | 0.01 | -91.67 | 0.0 | 11.61 | 1072.73 | -59.6 | 9478.61 | 1132.0 | -26.65 | 606.85 | 1104.55 | -19.81 | 8883.37 | 1133.84 | -27.15 |
| 23Q3 (19) | 91.74 | 630.41 | 1039.63 | 0.12 | 1100.0 | 500.0 | 0.99 | -86.33 | -91.25 | 769.37 | -90.09 | -82.08 | 50.38 | -90.15 | -81.98 | 719.98 | -90.08 | -82.11 |
| 23Q2 (18) | 12.56 | 268.33 | -37.54 | 0.01 | 0.0 | -75.0 | 7.24 | -72.85 | 59.82 | 7764.98 | -48.84 | 225.9 | 511.66 | -50.68 | 180.64 | 7260.56 | -48.75 | 229.3 |
| 23Q1 (17) | 3.41 | 7.57 | -81.44 | 0.01 | 0.0 | -66.67 | 26.67 | -7.2 | 438.79 | 15177.80 | 17.46 | 382.45 | 1037.53 | 37.11 | 306.59 | 14166.90 | 16.18 | 389.23 |
| 22Q4 (16) | 3.17 | -60.62 | -83.58 | 0.01 | -50.0 | -87.5 | 28.74 | 154.11 | 508.9 | 12922.00 | 200.96 | 1002.16 | 756.74 | 170.66 | 716.33 | 12194.00 | 202.93 | 1024.46 |
| 22Q3 (15) | 8.05 | -59.97 | -85.35 | 0.02 | -50.0 | -92.31 | 11.31 | 149.67 | 581.33 | 4293.61 | 80.2 | 1125.42 | 279.59 | 53.35 | 872.15 | 4025.33 | 82.57 | 1145.15 |
| 22Q2 (14) | 20.11 | 9.47 | 10.49 | 0.04 | 33.33 | -60.0 | 4.53 | -8.48 | -9.4 | 2382.63 | -24.26 | 156.93 | 182.32 | -28.55 | 108.13 | 2204.84 | -23.86 | 161.01 |
| 22Q1 (13) | 18.37 | -4.82 | -42.56 | 0.03 | -62.5 | -81.25 | 4.95 | 4.87 | 73.68 | 3145.99 | 168.33 | 448.22 | 255.18 | 175.28 | 344.02 | 2895.76 | 167.03 | 457.69 |
| 21Q4 (12) | 19.30 | -64.88 | -48.59 | 0.08 | -69.23 | -42.86 | 4.72 | 184.34 | 95.04 | 1172.42 | 234.61 | 76.39 | 92.70 | 222.32 | 46.19 | 1084.43 | 235.45 | 79.64 |
| 21Q3 (11) | 54.96 | 201.98 | 335.15 | 0.26 | 160.0 | 333.33 | 1.66 | -66.8 | -76.94 | 350.38 | -62.22 | -77.71 | 28.76 | -67.17 | -81.07 | 323.28 | -61.73 | -77.35 |
| 21Q2 (10) | 18.20 | -43.09 | 59.65 | 0.10 | -37.5 | 150.0 | 5.00 | 75.44 | -37.34 | 927.34 | 61.6 | -60.35 | 87.60 | 52.43 | -61.91 | 844.74 | 62.69 | -60.09 |
| 21Q1 (9) | 31.98 | -14.81 | 106.19 | 0.16 | 14.29 | 220.0 | 2.85 | 17.77 | -51.45 | 573.86 | -13.66 | -70.95 | 57.47 | -9.37 | -70.51 | 519.24 | -13.99 | -70.93 |
| 20Q4 (8) | 37.54 | 197.23 | 166.81 | 0.14 | 133.33 | 55.56 | 2.42 | -66.39 | -62.6 | 664.66 | -57.72 | -36.78 | 63.41 | -58.26 | -46.81 | 603.67 | -57.7 | -35.68 |
| 20Q3 (7) | 12.63 | 10.79 | -77.19 | 0.06 | 50.0 | -77.78 | 7.20 | -9.77 | 339.02 | 1571.87 | -32.78 | 362.42 | 151.91 | -33.96 | 312.02 | 1427.15 | -32.57 | 368.39 |
| 20Q2 (6) | 11.40 | -26.5 | -53.53 | 0.04 | -20.0 | -33.33 | 7.98 | 35.95 | 115.09 | 2338.52 | 18.4 | 49.68 | 230.01 | 18.01 | 61.54 | 2116.49 | 18.5 | 48.66 |
| 20Q1 (5) | 15.51 | 10.23 | 176.47 | 0.05 | -44.44 | 25.0 | 5.87 | -9.27 | -63.79 | 1975.17 | 87.88 | -21.34 | 194.90 | 63.49 | -18.27 | 1786.14 | 90.31 | -21.97 |
| 19Q4 (4) | 14.07 | -74.59 | 0.0 | 0.09 | -66.67 | 0.0 | 6.47 | 294.51 | 0.0 | 1051.27 | 209.27 | 0.0 | 119.21 | 223.33 | 0.0 | 938.52 | 208.02 | 0.0 |
| 19Q3 (3) | 55.38 | 125.76 | 0.0 | 0.27 | 350.0 | 0.0 | 1.64 | -55.8 | 0.0 | 339.92 | -78.24 | 0.0 | 36.87 | -74.11 | 0.0 | 304.69 | -78.6 | 0.0 |
| 19Q2 (2) | 24.53 | 337.25 | 0.0 | 0.06 | 50.0 | 0.0 | 3.71 | -77.11 | 0.0 | 1562.36 | -37.78 | 0.0 | 142.39 | -40.29 | 0.0 | 1423.68 | -37.8 | 0.0 |
| 19Q1 (1) | 5.61 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 16.21 | 0.0 | 0.0 | 2511.14 | 0.0 | 0.0 | 238.46 | 0.0 | 0.0 | 2288.90 | 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) | 79.28 | 83.6 | 0.14 | 55.56 | 4.60 | -45.56 | 2678.50 | -31.23 | 151.02 | -43.66 | 2532.08 | -30.35 |
| 2022 (9) | 43.18 | -81.27 | 0.09 | -84.75 | 8.45 | 434.81 | 3894.85 | 524.55 | 268.05 | 377.21 | 3635.25 | 538.84 |
| 2021 (8) | 230.49 | 182.71 | 0.59 | 110.71 | 1.58 | -64.73 | 623.63 | -51.97 | 56.17 | -56.64 | 569.04 | -51.5 |
| 2020 (7) | 81.53 | 43.01 | 0.28 | -39.13 | 4.48 | -30.0 | 1298.36 | 61.99 | 129.53 | 58.12 | 1173.31 | 61.62 |
| 2019 (6) | 57.01 | 15.78 | 0.46 | 91.67 | 6.40 | -13.63 | 801.50 | -47.98 | 81.92 | -31.12 | 725.99 | -49.21 |
| 2018 (5) | 49.24 | 3520.59 | 0.24 | 0 | 7.41 | -97.25 | 1540.88 | -98.42 | 118.93 | -97.97 | 1429.36 | -98.44 |
| 2017 (4) | 1.36 | -72.64 | 0.00 | 0 | 269.15 | 266.14 | 97372.20 | 1081.9 | 5849.04 | 898.68 | 91792.30 | 1088.02 |
| 2016 (3) | 4.97 | -94.43 | 0.04 | -84.0 | 73.51 | 1697.31 | 8238.64 | 461.82 | 585.68 | 379.75 | 7726.48 | 473.0 |
| 2015 (2) | 89.22 | -50.03 | 0.25 | -37.5 | 4.09 | 100.49 | 1466.41 | 60.51 | 122.08 | 64.04 | 1348.42 | 60.3 |
| 2014 (1) | 178.56 | 126.43 | 0.40 | 100.0 | 2.04 | -55.94 | 913.59 | -50.5 | 74.42 | -53.52 | 841.21 | -50.22 |
