- 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) | 1.65 | 26.92 | -8.33 | 1.37 | 8.73 | -10.46 | 55.18 | -21.4 | 9.01 | 66.66 | -7.38 | 12.07 | 23.59 | 6.41 | -6.5 | 98.26 | -18.12 | 15.78 |
| 23Q3 (19) | 1.30 | 42.86 | 4.0 | 1.26 | 12.5 | -5.26 | 70.20 | -29.44 | -3.41 | 71.97 | -11.26 | 5.37 | 22.17 | -9.36 | -18.01 | 120.00 | -23.14 | 5.32 |
| 23Q2 (18) | 0.91 | -10.78 | -45.83 | 1.12 | -13.85 | -24.83 | 99.49 | 11.6 | 83.16 | 81.10 | 15.91 | 32.93 | 24.46 | -9.1 | 5.57 | 156.13 | 18.09 | 69.43 |
| 23Q1 (17) | 1.02 | -43.33 | -15.0 | 1.30 | -15.03 | 23.81 | 89.15 | 76.12 | 17.88 | 69.97 | 17.64 | -19.49 | 26.91 | 6.66 | -27.66 | 132.21 | 55.78 | 5.49 |
| 22Q4 (16) | 1.80 | 44.0 | 32.35 | 1.53 | 15.04 | -1.92 | 50.62 | -30.35 | -24.56 | 59.48 | -12.91 | 1.94 | 25.23 | -6.69 | -22.96 | 84.87 | -25.51 | -8.45 |
| 22Q3 (15) | 1.25 | -25.6 | -14.38 | 1.33 | -10.74 | -24.43 | 72.68 | 33.8 | 16.59 | 68.30 | 11.95 | 31.78 | 27.04 | 16.7 | -18.99 | 113.94 | 23.65 | 41.01 |
| 22Q2 (14) | 1.68 | 40.0 | 0.0 | 1.49 | 41.9 | -17.68 | 54.32 | -28.18 | 0.48 | 61.01 | -29.8 | 21.2 | 23.17 | -37.72 | -23.33 | 92.15 | -26.47 | 24.24 |
| 22Q1 (13) | 1.20 | -11.76 | -28.14 | 1.05 | -32.69 | -28.57 | 75.63 | 12.71 | 38.54 | 86.91 | 48.95 | 40.77 | 37.20 | 13.59 | 13.21 | 125.33 | 35.2 | 50.17 |
| 21Q4 (12) | 1.36 | -6.85 | -17.07 | 1.56 | -11.36 | -12.85 | 67.10 | 7.64 | 21.1 | 58.35 | 12.58 | 14.79 | 32.75 | -1.89 | 27.23 | 92.70 | 14.73 | 15.16 |
| 21Q3 (11) | 1.46 | -13.1 | -17.05 | 1.76 | -2.76 | 1.73 | 62.34 | 15.32 | 20.63 | 51.83 | 2.96 | -1.43 | 33.38 | 10.46 | 39.78 | 80.80 | 8.94 | 0.54 |
| 21Q2 (10) | 1.68 | 0.6 | 18.31 | 1.81 | 23.13 | 33.09 | 54.06 | -0.97 | -15.7 | 50.34 | -18.46 | -24.98 | 30.22 | -8.03 | 8.59 | 74.17 | -11.13 | -28.27 |
| 21Q1 (9) | 1.67 | 1.83 | 42.74 | 1.47 | -17.88 | 10.53 | 54.59 | -1.48 | -30.04 | 61.74 | 21.46 | -9.63 | 32.86 | 27.66 | 24.9 | 83.46 | 3.68 | -30.47 |
| 20Q4 (8) | 1.64 | -6.82 | 5.81 | 1.79 | 3.47 | 9.82 | 55.41 | 7.22 | -5.86 | 50.83 | -3.33 | -8.92 | 25.74 | 7.79 | 37.57 | 80.50 | 0.16 | -16.11 |
| 20Q3 (7) | 1.76 | 23.94 | 4.76 | 1.73 | 27.21 | -1.14 | 51.68 | -19.41 | -4.86 | 52.58 | -21.64 | 0.94 | 23.88 | -14.19 | 22.46 | 80.37 | -22.27 | -7.53 |
| 20Q2 (6) | 1.42 | 21.37 | -28.64 | 1.36 | 2.26 | -14.47 | 64.13 | -17.81 | 39.93 | 67.10 | -1.79 | 17.47 | 27.83 | 5.78 | 20.37 | 103.40 | -13.85 | 29.53 |
| 20Q1 (5) | 1.17 | -24.52 | -36.41 | 1.33 | -18.4 | 3.1 | 78.03 | 32.57 | 58.05 | 68.32 | 22.42 | -3.33 | 26.31 | 40.62 | -1.76 | 120.03 | 25.08 | 28.69 |
| 19Q4 (4) | 1.55 | -7.74 | 0.0 | 1.63 | -6.86 | 0.0 | 58.86 | 8.36 | 0.0 | 55.81 | 7.14 | 0.0 | 18.71 | -4.05 | 0.0 | 95.96 | 10.41 | 0.0 |
| 19Q3 (3) | 1.68 | -15.58 | 0.0 | 1.75 | 10.06 | 0.0 | 54.32 | 18.52 | 0.0 | 52.09 | -8.81 | 0.0 | 19.50 | -15.66 | 0.0 | 86.91 | 8.87 | 0.0 |
| 19Q2 (2) | 1.99 | 8.15 | 0.0 | 1.59 | 23.26 | 0.0 | 45.83 | -7.17 | 0.0 | 57.12 | -19.17 | 0.0 | 23.12 | -13.67 | 0.0 | 79.83 | -14.41 | 0.0 |
| 19Q1 (1) | 1.84 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 49.37 | 0.0 | 0.0 | 70.67 | 0.0 | 0.0 | 26.78 | 0.0 | 0.0 | 93.27 | 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) | 4.19 | -20.49 | 4.74 | -18.84 | 87.16 | 25.77 | 76.97 | 23.07 | 31.71 | 9.31 | 132.42 | 28.78 |
| 2022 (9) | 5.27 | -23.84 | 5.84 | -15.24 | 69.30 | 31.37 | 62.54 | 18.02 | 29.01 | 10.51 | 102.83 | 29.38 |
| 2021 (8) | 6.92 | 24.24 | 6.89 | 25.96 | 52.75 | -19.56 | 52.99 | -20.57 | 26.25 | -10.53 | 79.48 | -22.8 |
| 2020 (7) | 5.57 | -21.88 | 5.47 | -11.92 | 65.58 | 28.14 | 66.71 | 13.51 | 29.34 | 36.15 | 102.95 | 16.46 |
| 2019 (6) | 7.13 | -6.8 | 6.21 | 14.79 | 51.18 | 7.23 | 58.77 | -12.91 | 21.55 | -20.98 | 88.40 | 0.53 |
| 2018 (5) | 7.65 | 20.47 | 5.41 | 10.18 | 47.73 | -16.99 | 67.48 | -9.24 | 27.27 | -19.18 | 87.93 | -10.38 |
| 2017 (4) | 6.35 | 18.25 | 4.91 | -13.4 | 57.50 | -15.44 | 74.35 | 15.45 | 33.74 | 13.6 | 98.11 | -4.47 |
| 2016 (3) | 5.37 | -15.3 | 5.67 | -1.56 | 68.00 | 18.08 | 64.40 | 1.58 | 29.70 | 1.57 | 102.70 | 11.93 |
| 2015 (2) | 6.34 | 3.26 | 5.76 | 1.59 | 57.59 | -3.18 | 63.40 | -1.46 | 29.24 | -1.88 | 91.75 | -2.41 |
| 2014 (1) | 6.14 | 11.03 | 5.67 | -4.22 | 59.48 | -9.89 | 64.34 | 4.31 | 29.80 | 2.23 | 94.02 | -4.6 |
