- 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) | 0.23 | -41.03 | -50.0 | 0.45 | -48.86 | -52.13 | 402.49 | 74.25 | 103.81 | 202.93 | 95.54 | 109.92 | 226.93 | 69.82 | 65.14 | 378.49 | 88.17 | 141.49 |
| 23Q3 (19) | 0.39 | 18.18 | 18.18 | 0.88 | -3.3 | -4.35 | 230.99 | -16.22 | -17.09 | 103.78 | 3.56 | 5.24 | 133.63 | 5.62 | -9.78 | 201.14 | -19.35 | -12.2 |
| 23Q2 (18) | 0.33 | -15.38 | 57.14 | 0.91 | 8.33 | 24.66 | 275.72 | 17.55 | -37.23 | 100.21 | -8.03 | -19.3 | 126.52 | -13.25 | -48.3 | 249.41 | 26.17 | -21.75 |
| 23Q1 (17) | 0.39 | -15.22 | 85.71 | 0.84 | -10.64 | -24.32 | 234.56 | 18.78 | -45.06 | 108.96 | 12.71 | 33.32 | 145.84 | 6.13 | -30.87 | 197.68 | 26.13 | -33.6 |
| 22Q4 (16) | 0.46 | 39.39 | 6.98 | 0.94 | 2.17 | -39.74 | 197.48 | -29.12 | -6.5 | 96.67 | -1.97 | 66.16 | 137.42 | -7.22 | -12.88 | 156.73 | -31.59 | 40.38 |
| 22Q3 (15) | 0.33 | 57.14 | -47.62 | 0.92 | 26.03 | -46.51 | 278.60 | -36.58 | 92.11 | 98.61 | -20.59 | 86.83 | 148.12 | -39.48 | 14.33 | 229.09 | -28.12 | 235.71 |
| 22Q2 (14) | 0.21 | 0.0 | -73.08 | 0.73 | -34.23 | -56.55 | 439.28 | 2.88 | 278.53 | 124.18 | 51.94 | 128.78 | 244.74 | 16.0 | 110.69 | 318.72 | 7.05 | 488.37 |
| 22Q1 (13) | 0.21 | -51.16 | -75.58 | 1.11 | -28.85 | -24.49 | 426.97 | 102.15 | 302.54 | 81.73 | 40.48 | 31.57 | 210.98 | 33.75 | 102.34 | 297.72 | 166.65 | 365.84 |
| 21Q4 (12) | 0.43 | -31.75 | -21.82 | 1.56 | -9.3 | 75.28 | 211.21 | 45.64 | 27.17 | 58.18 | 10.23 | -42.92 | 157.74 | 21.76 | 11.08 | 111.65 | 63.61 | -11.39 |
| 21Q3 (11) | 0.63 | -19.23 | 18.87 | 1.72 | 2.38 | 115.0 | 145.02 | 24.96 | -16.28 | 52.78 | -2.76 | -53.44 | 129.55 | 11.53 | -17.04 | 68.24 | 25.97 | -47.68 |
| 21Q2 (10) | 0.78 | -9.3 | 62.5 | 1.68 | 14.29 | 154.55 | 116.05 | 9.41 | -38.84 | 54.28 | -12.62 | -60.9 | 116.16 | 11.4 | -35.49 | 54.17 | -15.24 | -63.52 |
| 21Q1 (9) | 0.86 | 56.36 | 115.0 | 1.47 | 65.17 | 212.77 | 106.07 | -36.13 | -53.33 | 62.12 | -39.05 | -67.61 | 104.27 | -26.57 | -63.16 | 63.91 | -49.28 | -53.01 |
| 20Q4 (8) | 0.55 | 3.77 | -15.38 | 0.89 | 11.25 | -6.32 | 166.08 | -4.13 | 18.07 | 101.92 | -10.1 | 5.87 | 142.00 | -9.07 | -12.94 | 126.00 | -3.4 | 70.66 |
| 20Q3 (7) | 0.53 | 10.42 | 8.16 | 0.80 | 21.21 | -9.09 | 173.23 | -8.7 | -7.12 | 113.37 | -18.33 | 10.17 | 156.16 | -13.28 | -7.11 | 130.44 | -12.16 | 7.56 |
| 20Q2 (6) | 0.48 | 20.0 | 14.29 | 0.66 | 40.43 | -24.14 | 189.74 | -16.52 | -13.4 | 138.82 | -27.62 | 32.27 | 180.07 | -36.38 | 1.2 | 148.49 | 9.17 | 1.62 |
| 20Q1 (5) | 0.40 | -38.46 | 2.56 | 0.47 | -50.53 | -48.91 | 227.29 | 61.59 | -3.34 | 191.79 | 99.22 | 94.59 | 283.05 | 73.54 | 54.14 | 136.02 | 84.23 | -9.37 |
| 19Q4 (4) | 0.65 | 32.65 | 0.0 | 0.95 | 7.95 | 0.0 | 140.66 | -24.58 | 0.0 | 96.27 | -6.44 | 0.0 | 163.10 | -2.99 | 0.0 | 73.83 | -39.12 | 0.0 |
| 19Q3 (3) | 0.49 | 16.67 | 0.0 | 0.88 | 1.15 | 0.0 | 186.50 | -14.88 | 0.0 | 102.90 | -1.95 | 0.0 | 168.12 | -5.51 | 0.0 | 121.27 | -17.01 | 0.0 |
| 19Q2 (2) | 0.42 | 7.69 | 0.0 | 0.87 | -5.43 | 0.0 | 219.10 | -6.82 | 0.0 | 104.95 | 6.48 | 0.0 | 177.93 | -3.1 | 0.0 | 146.12 | -2.64 | 0.0 |
| 19Q1 (1) | 0.39 | 0.0 | 0.0 | 0.92 | 0.0 | 0.0 | 235.14 | 0.0 | 0.0 | 98.56 | 0.0 | 0.0 | 183.63 | 0.0 | 0.0 | 150.08 | 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) | 1.47 | 59.78 | 2.82 | -18.5 | 247.83 | -37.79 | 129.38 | 22.61 | 154.09 | -31.6 | 223.12 | -19.93 |
| 2022 (9) | 0.92 | -64.48 | 3.46 | -43.37 | 398.40 | 182.35 | 105.52 | 76.51 | 225.27 | 79.51 | 278.65 | 269.66 |
| 2021 (8) | 2.59 | 57.93 | 6.11 | 133.21 | 141.10 | -36.53 | 59.78 | -57.17 | 125.49 | -41.24 | 75.38 | -49.17 |
| 2020 (7) | 1.64 | -5.75 | 2.62 | -26.2 | 222.32 | 5.99 | 139.57 | 35.66 | 213.58 | 14.94 | 148.30 | 16.95 |
| 2019 (6) | 1.74 | -32.3 | 3.55 | -30.66 | 209.75 | 47.76 | 102.88 | 44.39 | 185.82 | 46.18 | 126.81 | 47.33 |
| 2018 (5) | 2.57 | -3.02 | 5.12 | 9.87 | 141.95 | 3.06 | 71.25 | -8.99 | 127.12 | 23.9 | 86.07 | -24.11 |
| 2017 (4) | 2.65 | 14.22 | 4.66 | 51.3 | 137.73 | -12.53 | 78.29 | -34.0 | 102.60 | 23.26 | 113.42 | -41.19 |
| 2016 (3) | 2.32 | 2.2 | 3.08 | 12.82 | 157.46 | -1.86 | 118.63 | -11.11 | 83.24 | 39.06 | 192.85 | -17.6 |
| 2015 (2) | 2.27 | -9.92 | 2.73 | -7.77 | 160.45 | 10.85 | 133.46 | 8.28 | 59.86 | 33.59 | 234.04 | 4.86 |
| 2014 (1) | 2.52 | -2.33 | 2.96 | -4.52 | 144.75 | 2.49 | 123.26 | 4.59 | 44.81 | -20.18 | 223.20 | 9.98 |
