- 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) | 3.73 | -23.88 | -41.54 | 0.27 | -3.57 | 0.0 | 24.38 | 31.29 | 70.97 | 332.17 | 1.13 | -2.32 | 14.91 | 32.42 | 8.2 | 341.65 | 1.75 | 0.32 |
| 23Q3 (19) | 4.90 | -31.08 | -23.44 | 0.28 | 0.0 | -9.68 | 18.57 | 45.08 | 30.5 | 328.47 | 0.64 | 10.19 | 11.26 | 14.08 | -26.31 | 335.79 | 1.96 | 13.04 |
| 23Q2 (18) | 7.11 | -47.68 | 143.49 | 0.28 | 3.7 | 7.69 | 12.80 | 91.04 | -58.87 | 326.39 | -1.38 | -6.4 | 9.87 | 18.63 | -56.06 | 329.32 | -0.0 | -7.85 |
| 23Q1 (17) | 13.59 | 113.01 | 443.6 | 0.27 | 0.0 | -3.57 | 6.70 | -53.02 | -81.57 | 330.95 | -2.68 | 1.95 | 8.32 | -39.62 | -71.96 | 329.33 | -3.3 | -0.59 |
| 22Q4 (16) | 6.38 | -0.31 | 52.63 | 0.27 | -12.9 | -18.18 | 14.26 | 0.21 | -34.44 | 340.07 | 14.08 | 24.45 | 13.78 | -9.82 | -41.54 | 340.56 | 14.64 | 25.46 |
| 22Q3 (15) | 6.40 | 119.18 | 64.52 | 0.31 | 19.23 | 181.82 | 14.23 | -54.27 | -39.14 | 298.10 | -14.51 | -64.46 | 15.28 | -31.97 | -71.56 | 297.06 | -16.87 | -63.26 |
| 22Q2 (14) | 2.92 | 16.8 | -43.85 | 0.26 | -7.14 | 116.67 | 31.12 | -14.41 | 77.93 | 348.70 | 7.42 | -55.0 | 22.46 | -24.3 | -55.29 | 357.36 | 7.87 | -51.85 |
| 22Q1 (13) | 2.50 | -40.19 | -66.58 | 0.28 | -15.15 | 75.0 | 36.36 | 67.17 | 199.01 | 324.61 | 18.79 | -43.45 | 29.67 | 25.88 | -28.37 | 331.30 | 22.05 | -39.19 |
| 21Q4 (12) | 4.18 | 7.46 | -34.07 | 0.33 | 200.0 | 106.25 | 21.75 | -6.97 | 51.46 | 273.26 | -67.42 | -51.94 | 23.57 | -56.12 | -48.85 | 271.44 | -66.43 | -49.43 |
| 21Q3 (11) | 3.89 | -25.19 | 39.43 | 0.11 | -8.33 | -15.38 | 23.38 | 33.68 | -28.39 | 838.82 | 8.24 | 18.69 | 53.72 | 6.95 | -20.8 | 808.49 | 8.93 | 20.39 |
| 21Q2 (10) | 5.20 | -30.48 | 145.28 | 0.12 | -25.0 | 33.33 | 17.49 | 43.83 | -59.24 | 774.93 | 35.0 | -23.72 | 50.23 | 21.27 | -51.95 | 742.18 | 36.24 | -22.22 |
| 21Q1 (9) | 7.48 | 17.98 | 80.68 | 0.16 | 0.0 | 45.45 | 12.16 | -15.32 | -44.75 | 574.03 | 0.97 | -33.13 | 41.42 | -10.11 | -49.53 | 544.77 | 1.48 | -31.76 |
| 20Q4 (8) | 6.34 | 127.24 | -40.25 | 0.16 | 23.08 | -5.88 | 14.36 | -56.02 | 67.56 | 568.53 | -19.56 | 4.26 | 46.08 | -32.07 | -3.17 | 536.81 | -20.06 | 6.03 |
| 20Q3 (7) | 2.79 | 31.6 | -82.71 | 0.13 | 44.44 | 44.44 | 32.65 | -23.91 | 478.9 | 706.74 | -30.43 | -27.33 | 67.83 | -35.12 | -22.96 | 671.55 | -29.63 | -24.56 |
| 20Q2 (6) | 2.12 | -48.79 | 165.0 | 0.09 | -18.18 | -25.0 | 42.91 | 94.96 | -62.11 | 1015.88 | 18.34 | 37.51 | 104.54 | 27.38 | 56.9 | 954.25 | 19.53 | 21.5 |
| 20Q1 (5) | 4.14 | -60.98 | 1117.65 | 0.11 | -35.29 | 37.5 | 22.01 | 156.83 | -91.73 | 858.42 | 57.43 | -26.38 | 82.07 | 72.45 | -20.15 | 798.35 | 57.7 | -39.94 |
| 19Q4 (4) | 10.61 | -34.26 | 0.0 | 0.17 | 88.89 | 0.0 | 8.57 | 51.95 | 0.0 | 545.28 | -43.94 | 0.0 | 47.59 | -45.95 | 0.0 | 506.26 | -43.13 | 0.0 |
| 19Q3 (3) | 16.14 | 1917.5 | 0.0 | 0.09 | -25.0 | 0.0 | 5.64 | -95.02 | 0.0 | 972.59 | 31.65 | 0.0 | 88.04 | 32.13 | 0.0 | 890.19 | 13.35 | 0.0 |
| 19Q2 (2) | 0.80 | 135.29 | 0.0 | 0.12 | 50.0 | 0.0 | 113.24 | -57.44 | 0.0 | 738.75 | -36.64 | 0.0 | 66.63 | -35.17 | 0.0 | 785.36 | -40.92 | 0.0 |
| 19Q1 (1) | 0.34 | 0.0 | 0.0 | 0.08 | 0.0 | 0.0 | 266.06 | 0.0 | 0.0 | 1165.94 | 0.0 | 0.0 | 102.78 | 0.0 | 0.0 | 1329.23 | 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) | 16.54 | 4.82 | 1.11 | -0.89 | 22.06 | -4.67 | 329.81 | 0.8 | 13.92 | -33.37 | 337.95 | 2.58 |
| 2022 (9) | 15.78 | 28.08 | 1.12 | 55.56 | 23.14 | -21.88 | 327.20 | -35.71 | 20.89 | -52.83 | 329.44 | -33.35 |
| 2021 (8) | 12.32 | -42.8 | 0.72 | 50.0 | 29.62 | 74.85 | 508.97 | -32.38 | 44.29 | -26.2 | 494.30 | -30.34 |
| 2020 (7) | 21.54 | 945.63 | 0.48 | 2.13 | 16.94 | -90.43 | 752.64 | -3.46 | 60.01 | -13.05 | 709.57 | -20.05 |
| 2019 (6) | 2.06 | -70.49 | 0.47 | -59.13 | 176.94 | 238.32 | 779.58 | 145.36 | 69.02 | 47.86 | 887.50 | 174.47 |
| 2018 (5) | 6.98 | -86.81 | 1.15 | 538.89 | 52.30 | 657.97 | 317.73 | -84.1 | 46.68 | -84.26 | 323.35 | -81.07 |
| 2017 (4) | 52.90 | -70.66 | 0.18 | 5.88 | 6.90 | 241.58 | 1997.86 | -9.48 | 296.63 | -26.77 | 1708.13 | -5.32 |
| 2016 (3) | 180.30 | 164.87 | 0.17 | 240.0 | 2.02 | -62.31 | 2207.16 | -70.97 | 405.05 | -85.41 | 1804.14 | -62.66 |
| 2015 (2) | 68.07 | 288.31 | 0.05 | -44.44 | 5.36 | -74.27 | 7602.77 | 95.42 | 2776.56 | 55.73 | 4831.58 | 127.02 |
| 2014 (1) | 17.53 | 3.18 | 0.09 | -83.93 | 20.83 | -3.03 | 3890.44 | 501.11 | 1782.97 | 949.92 | 2128.30 | 326.62 |
