- 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) | 0.73 | -5.19 | 46.0 | 1.54 | 1.32 | 38.74 | 125.08 | 6.37 | -31.1 | 59.04 | -1.16 | -27.85 | 92.84 | 14.6 | -0.66 | 91.28 | -5.23 | -46.28 |
| 23Q3 (19) | 0.77 | 5.48 | 14.93 | 1.52 | 20.63 | 11.76 | 117.59 | -5.11 | -13.33 | 59.73 | -17.19 | -11.02 | 81.01 | 9.52 | -5.05 | 96.32 | -21.1 | -18.03 |
| 23Q2 (18) | 0.73 | 46.0 | 15.87 | 1.26 | 28.57 | -3.82 | 123.92 | -31.67 | -13.58 | 72.13 | -22.68 | 3.75 | 73.97 | -16.83 | -21.93 | 122.08 | -34.26 | 3.32 |
| 23Q1 (17) | 0.50 | 0.0 | -20.63 | 0.98 | -11.71 | -31.94 | 181.36 | -0.09 | 25.13 | 93.29 | 14.0 | 47.17 | 88.94 | -4.84 | -1.95 | 185.71 | 9.3 | 57.89 |
| 22Q4 (16) | 0.50 | -25.37 | -37.5 | 1.11 | -18.38 | -32.73 | 181.53 | 33.79 | 59.45 | 81.83 | 21.9 | 48.59 | 93.46 | 9.54 | 30.17 | 169.91 | 44.6 | 74.95 |
| 22Q3 (15) | 0.67 | 6.35 | -4.29 | 1.36 | 3.82 | -0.73 | 135.68 | -5.38 | 4.17 | 67.13 | -3.44 | 1.19 | 85.32 | -9.95 | 11.2 | 117.50 | -0.56 | -1.97 |
| 22Q2 (14) | 0.63 | 0.0 | -1.56 | 1.31 | -9.03 | 2.34 | 143.39 | -1.07 | 1.45 | 69.52 | 9.67 | -2.0 | 94.75 | 4.45 | 4.77 | 118.16 | 0.46 | -3.01 |
| 22Q1 (13) | 0.63 | -21.25 | 8.62 | 1.44 | -12.73 | 5.88 | 144.94 | 27.31 | -7.95 | 63.39 | 15.11 | -5.42 | 90.71 | 26.34 | -14.52 | 117.62 | 21.11 | -0.62 |
| 21Q4 (12) | 0.80 | 14.29 | 9.59 | 1.65 | 20.44 | -9.34 | 113.85 | -12.59 | -8.75 | 55.07 | -16.99 | 9.88 | 71.80 | -6.43 | -16.45 | 97.12 | -18.97 | 9.18 |
| 21Q3 (11) | 0.70 | 9.37 | -16.67 | 1.37 | 7.03 | -29.38 | 130.25 | -7.85 | 20.41 | 66.34 | -6.48 | 41.3 | 76.73 | -15.16 | 10.72 | 119.86 | -1.62 | 39.66 |
| 21Q2 (10) | 0.64 | 10.34 | -20.0 | 1.28 | -5.88 | -18.99 | 141.34 | -10.23 | 24.7 | 70.94 | 5.85 | 23.25 | 90.44 | -14.78 | 34.08 | 121.83 | 2.94 | 17.77 |
| 21Q1 (9) | 0.58 | -20.55 | 5.45 | 1.36 | -25.27 | 15.25 | 157.45 | 26.19 | -4.62 | 67.02 | 33.72 | -12.8 | 106.12 | 23.48 | 8.08 | 118.35 | 33.05 | -17.67 |
| 20Q4 (8) | 0.73 | -13.1 | -14.12 | 1.82 | -6.19 | -2.15 | 124.77 | 15.35 | 16.24 | 50.12 | 6.75 | 2.22 | 85.94 | 24.01 | 24.59 | 88.95 | 3.65 | 1.79 |
| 20Q3 (7) | 0.84 | 5.0 | 12.0 | 1.94 | 22.78 | 19.02 | 108.17 | -4.56 | -10.34 | 46.95 | -18.43 | -16.13 | 69.30 | 2.74 | -1.94 | 85.82 | -17.04 | -19.0 |
| 20Q2 (6) | 0.80 | 45.45 | 2.56 | 1.58 | 33.9 | -0.63 | 113.34 | -31.34 | -2.47 | 57.56 | -25.11 | 0.88 | 67.45 | -31.31 | 1.81 | 103.45 | -28.03 | -3.34 |
| 20Q1 (5) | 0.55 | -35.29 | -6.78 | 1.18 | -36.56 | -2.48 | 165.07 | 53.78 | 6.92 | 76.86 | 56.76 | 1.98 | 98.19 | 42.35 | 8.69 | 143.75 | 64.49 | 3.11 |
| 19Q4 (4) | 0.85 | 13.33 | 0.0 | 1.86 | 14.11 | 0.0 | 107.34 | -11.02 | 0.0 | 49.03 | -12.42 | 0.0 | 68.98 | -2.39 | 0.0 | 87.39 | -17.52 | 0.0 |
| 19Q3 (3) | 0.75 | -3.85 | 0.0 | 1.63 | 2.52 | 0.0 | 120.64 | 3.81 | 0.0 | 55.98 | -1.89 | 0.0 | 70.67 | 6.67 | 0.0 | 105.95 | -1.0 | 0.0 |
| 19Q2 (2) | 0.78 | 32.2 | 0.0 | 1.59 | 31.4 | 0.0 | 116.21 | -24.73 | 0.0 | 57.06 | -24.29 | 0.0 | 66.25 | -26.67 | 0.0 | 107.02 | -23.23 | 0.0 |
| 19Q1 (1) | 0.59 | 0.0 | 0.0 | 1.21 | 0.0 | 0.0 | 154.39 | 0.0 | 0.0 | 75.37 | 0.0 | 0.0 | 90.34 | 0.0 | 0.0 | 139.41 | 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) | 2.38 | -9.85 | 5.03 | -7.54 | 153.62 | 11.19 | 72.61 | 8.21 | 94.58 | 16.33 | 131.65 | 6.21 |
| 2022 (9) | 2.64 | 14.78 | 5.44 | -0.91 | 138.16 | -12.77 | 67.10 | 0.96 | 81.30 | -22.48 | 123.95 | 3.31 |
| 2021 (8) | 2.30 | -16.36 | 5.49 | -17.32 | 158.39 | 19.53 | 66.46 | 20.84 | 104.87 | 16.9 | 119.98 | 22.69 |
| 2020 (7) | 2.75 | 4.17 | 6.64 | 15.48 | 132.51 | -4.26 | 55.00 | -13.43 | 89.71 | 0.52 | 97.79 | -13.21 |
| 2019 (6) | 2.64 | -5.38 | 5.75 | -8.29 | 138.41 | 5.76 | 63.53 | 9.05 | 89.25 | 11.77 | 112.68 | 3.11 |
| 2018 (5) | 2.79 | 2.2 | 6.27 | -10.68 | 130.87 | -1.99 | 58.26 | 12.04 | 79.85 | 8.1 | 109.28 | -2.14 |
| 2017 (4) | 2.73 | 13.75 | 7.02 | -0.57 | 133.53 | -12.02 | 52.00 | 0.56 | 73.87 | -5.0 | 111.67 | -11.18 |
| 2016 (3) | 2.40 | -8.4 | 7.06 | -6.74 | 151.77 | 8.75 | 51.71 | 7.28 | 77.76 | -10.47 | 125.73 | 24.6 |
| 2015 (2) | 2.62 | -2.6 | 7.57 | -11.77 | 139.56 | 2.76 | 48.20 | 13.25 | 86.85 | 7.28 | 100.91 | 3.6 |
| 2014 (1) | 2.69 | 3.46 | 8.58 | 10.57 | 135.81 | -3.27 | 42.56 | -9.49 | 80.96 | 0.17 | 97.40 | -8.64 |
