- 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) | 0.58 | -14.71 | -50.0 | 0.23 | -28.12 | -46.51 | 156.14 | 15.83 | 99.85 | 393.46 | 38.77 | 86.09 | 102.34 | -3.28 | 19.56 | 447.25 | 43.11 | 119.27 |
| 23Q3 (19) | 0.68 | -28.42 | -42.86 | 0.32 | -27.27 | -30.43 | 134.80 | 40.58 | 76.44 | 283.54 | 36.81 | 41.9 | 105.81 | 25.87 | 36.78 | 312.52 | 42.65 | 57.15 |
| 23Q2 (18) | 0.95 | -23.39 | -7.77 | 0.44 | 0.0 | 25.71 | 95.89 | 30.23 | 8.36 | 207.25 | 1.24 | -20.51 | 84.06 | 5.87 | -18.67 | 219.08 | 10.12 | -10.89 |
| 23Q1 (17) | 1.24 | 6.9 | 42.53 | 0.44 | 2.33 | 22.22 | 73.63 | -5.76 | -29.46 | 204.72 | -3.18 | -19.82 | 79.40 | -7.24 | -33.75 | 198.95 | -2.46 | -17.05 |
| 22Q4 (16) | 1.16 | -2.52 | 43.21 | 0.43 | -6.52 | 4.88 | 78.13 | 2.26 | -30.38 | 211.44 | 5.82 | -5.22 | 85.60 | 10.65 | -36.92 | 203.97 | 2.56 | 2.17 |
| 22Q3 (15) | 1.19 | 15.53 | 33.71 | 0.46 | 31.43 | -8.0 | 76.40 | -13.66 | -25.32 | 199.82 | -23.36 | 10.86 | 77.36 | -25.15 | -45.44 | 198.87 | -19.11 | 41.27 |
| 22Q2 (14) | 1.03 | 18.39 | 11.96 | 0.35 | -2.78 | -47.76 | 88.49 | -15.22 | -10.69 | 260.72 | 2.12 | 92.17 | 103.36 | -13.76 | -14.2 | 245.84 | 2.51 | 115.12 |
| 22Q1 (13) | 0.87 | 7.41 | -12.12 | 0.36 | -12.2 | -57.65 | 104.38 | -6.99 | 13.09 | 255.31 | 14.44 | 138.47 | 119.85 | -11.67 | 30.22 | 239.83 | 20.14 | 123.47 |
| 21Q4 (12) | 0.81 | -8.99 | -23.58 | 0.41 | -18.0 | -49.38 | 112.23 | 9.7 | 30.96 | 223.09 | 23.77 | 98.44 | 135.69 | -4.3 | 53.53 | 199.63 | 41.81 | 81.91 |
| 21Q3 (11) | 0.89 | -3.26 | -2.2 | 0.50 | -25.37 | -34.21 | 102.31 | 3.26 | 2.74 | 180.25 | 32.86 | 51.37 | 141.79 | 17.71 | 51.7 | 140.77 | 23.18 | 12.45 |
| 21Q2 (10) | 0.92 | -7.07 | -14.02 | 0.67 | -21.18 | -27.17 | 99.08 | 7.35 | 16.94 | 135.67 | 26.72 | 37.44 | 120.46 | 30.88 | 51.46 | 114.28 | 6.49 | 9.98 |
| 21Q1 (9) | 0.99 | -6.6 | 12.5 | 0.85 | 4.94 | 1.19 | 92.30 | 7.7 | -10.5 | 107.06 | -4.77 | -1.22 | 92.04 | 4.14 | -6.62 | 107.32 | -2.21 | -4.98 |
| 20Q4 (8) | 1.06 | 16.48 | -20.9 | 0.81 | 6.58 | -39.1 | 85.70 | -13.94 | 26.4 | 112.42 | -5.59 | 64.79 | 88.38 | -5.45 | 36.52 | 109.74 | -12.34 | 53.98 |
| 20Q3 (7) | 0.91 | -14.95 | -11.65 | 0.76 | -17.39 | -20.0 | 99.58 | 17.53 | 12.67 | 119.08 | 20.64 | 24.74 | 93.47 | 17.53 | 3.4 | 125.19 | 20.48 | 33.98 |
| 20Q2 (6) | 1.07 | 21.59 | -6.14 | 0.92 | 9.52 | -9.8 | 84.73 | -17.84 | 6.19 | 98.71 | -8.92 | 10.79 | 79.53 | -19.32 | -18.31 | 103.91 | -8.0 | 45.25 |
| 20Q1 (5) | 0.88 | -34.33 | -21.43 | 0.84 | -36.84 | -25.66 | 103.13 | 52.11 | 27.04 | 108.38 | 58.87 | 34.63 | 98.57 | 52.26 | -2.59 | 112.94 | 58.47 | 86.71 |
| 19Q4 (4) | 1.34 | 30.1 | 0.0 | 1.33 | 40.0 | 0.0 | 67.80 | -23.29 | 0.0 | 68.22 | -28.54 | 0.0 | 64.74 | -28.38 | 0.0 | 71.27 | -23.73 | 0.0 |
| 19Q3 (3) | 1.03 | -9.65 | 0.0 | 0.95 | -6.86 | 0.0 | 88.38 | 10.77 | 0.0 | 95.46 | 7.14 | 0.0 | 90.40 | -7.14 | 0.0 | 93.44 | 30.61 | 0.0 |
| 19Q2 (2) | 1.14 | 1.79 | 0.0 | 1.02 | -9.73 | 0.0 | 79.79 | -1.71 | 0.0 | 89.10 | 10.68 | 0.0 | 97.35 | -3.79 | 0.0 | 71.54 | 18.27 | 0.0 |
| 19Q1 (1) | 1.12 | 0.0 | 0.0 | 1.13 | 0.0 | 0.0 | 81.18 | 0.0 | 0.0 | 80.50 | 0.0 | 0.0 | 101.19 | 0.0 | 0.0 | 60.49 | 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) | 4.22 | -2.99 | 1.42 | -16.96 | 86.41 | 3.07 | 256.42 | 20.44 | 83.72 | -14.8 | 259.12 | 30.55 |
| 2022 (9) | 4.35 | 17.25 | 1.71 | -20.83 | 83.84 | -14.82 | 212.91 | 25.89 | 98.26 | -7.29 | 198.48 | 22.85 |
| 2021 (8) | 3.71 | -1.59 | 2.16 | -37.21 | 98.43 | 1.59 | 169.13 | 59.48 | 105.99 | 4.98 | 161.56 | 58.42 |
| 2020 (7) | 3.77 | -7.82 | 3.44 | -22.52 | 96.89 | 8.48 | 106.05 | 29.06 | 100.96 | -1.83 | 101.98 | 48.55 |
| 2019 (6) | 4.09 | -15.5 | 4.44 | -15.27 | 89.32 | 18.35 | 82.17 | 18.03 | 102.84 | 13.45 | 68.65 | 26.13 |
| 2018 (5) | 4.84 | -4.54 | 5.24 | -5.24 | 75.47 | 4.76 | 69.62 | 5.5 | 90.65 | 4.21 | 54.43 | 6.66 |
| 2017 (4) | 5.07 | -7.82 | 5.53 | 5.13 | 72.04 | 8.53 | 65.99 | -4.84 | 86.99 | -5.83 | 51.03 | 17.74 |
| 2016 (3) | 5.50 | 0.36 | 5.26 | 39.15 | 66.38 | -0.38 | 69.35 | -28.25 | 92.38 | -10.86 | 43.34 | -27.36 |
| 2015 (2) | 5.48 | -24.52 | 3.78 | -2.33 | 66.63 | 32.52 | 96.65 | 2.52 | 103.63 | 20.49 | 59.66 | 1.91 |
| 2014 (1) | 7.26 | 12.04 | 3.87 | -8.51 | 50.28 | -10.74 | 94.27 | 9.3 | 86.01 | 14.74 | 58.54 | -13.43 |
