- 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) | 276.65 | 136.25 | 1669.99 | 0.11 | 57.14 | 266.67 | 0.33 | -57.69 | -94.33 | 802.59 | -42.02 | -77.45 | 35.81 | -49.01 | -76.91 | 767.11 | -41.66 | -77.51 |
| 23Q3 (19) | 117.10 | 16.8 | 310.59 | 0.07 | 40.0 | 40.0 | 0.78 | -14.29 | -75.55 | 1384.28 | -17.78 | -24.82 | 70.23 | -8.16 | -11.11 | 1314.83 | -18.24 | -25.52 |
| 23Q2 (18) | 100.26 | -98.97 | -92.95 | 0.05 | 150.0 | 150.0 | 0.91 | 9000.0 | 1416.67 | 1683.69 | -58.12 | -71.76 | 76.47 | -55.12 | -73.31 | 1608.13 | -58.23 | -71.67 |
| 23Q1 (17) | 9775.00 | 62439.99 | 33746.95 | 0.02 | -33.33 | -60.0 | 0.01 | -99.83 | -99.68 | 4020.67 | 12.95 | 100.02 | 170.38 | 9.84 | 62.65 | 3850.30 | 12.89 | 101.74 |
| 22Q4 (16) | 15.63 | -45.2 | -72.47 | 0.03 | -40.0 | -70.0 | 5.82 | 82.45 | 263.75 | 3559.82 | 93.34 | 302.14 | 155.11 | 96.32 | 270.63 | 3410.53 | 93.18 | 303.63 |
| 22Q3 (15) | 28.52 | -97.99 | -42.55 | 0.05 | 150.0 | 0.0 | 3.19 | 5216.67 | 74.32 | 1841.26 | -69.12 | -6.78 | 79.01 | -72.42 | -6.63 | 1765.44 | -68.9 | -6.71 |
| 22Q2 (14) | 1421.26 | 4821.26 | 1579.98 | 0.02 | -60.0 | -71.43 | 0.06 | -98.1 | -94.44 | 5962.32 | 196.61 | 377.05 | 286.50 | 173.51 | 463.09 | 5675.88 | 197.39 | 372.98 |
| 22Q1 (13) | 28.88 | -49.13 | -26.9 | 0.05 | -50.0 | 0.0 | 3.15 | 96.87 | 36.96 | 2010.14 | 127.08 | 1.96 | 104.75 | 150.3 | 19.26 | 1908.54 | 125.87 | 1.2 |
| 21Q4 (12) | 56.77 | 14.36 | -0.09 | 0.10 | 100.0 | 42.86 | 1.60 | -12.57 | 0.0 | 885.22 | -55.18 | -33.16 | 41.85 | -50.54 | -33.47 | 844.97 | -55.35 | -33.1 |
| 21Q3 (11) | 49.64 | -41.32 | -91.62 | 0.05 | -28.57 | -16.67 | 1.83 | 69.44 | 1120.0 | 1975.22 | 58.04 | 34.78 | 84.62 | 66.31 | 38.61 | 1892.44 | 57.7 | 34.73 |
| 21Q2 (10) | 84.60 | 114.12 | -44.84 | 0.07 | 40.0 | 75.0 | 1.08 | -53.04 | 83.05 | 1249.82 | -36.61 | -42.01 | 50.88 | -42.07 | -41.34 | 1200.02 | -36.37 | -42.0 |
| 21Q1 (9) | 39.51 | -30.46 | 294.31 | 0.05 | -28.57 | 150.0 | 2.30 | 43.75 | -74.67 | 1971.50 | 48.86 | -52.09 | 87.83 | 39.63 | -55.39 | 1885.97 | 49.31 | -51.97 |
| 20Q4 (8) | 56.82 | -90.4 | 62.3 | 0.07 | 16.67 | 0.0 | 1.60 | 966.67 | -38.46 | 1324.42 | -9.63 | 9.06 | 62.90 | 3.03 | 3.06 | 1263.12 | -10.08 | 9.27 |
| 20Q3 (7) | 592.11 | 286.09 | 111.3 | 0.06 | 50.0 | 50.0 | 0.15 | -74.58 | -53.12 | 1465.55 | -32.0 | -39.46 | 61.05 | -29.62 | -40.79 | 1404.65 | -32.11 | -39.41 |
| 20Q2 (6) | 153.36 | 1430.54 | 343.37 | 0.04 | 100.0 | 0.0 | 0.59 | -93.5 | -77.57 | 2155.13 | -47.63 | -15.9 | 86.74 | -55.94 | -11.77 | 2068.98 | -47.31 | -16.13 |
| 20Q1 (5) | 10.02 | -71.38 | -45.31 | 0.02 | -71.43 | -60.0 | 9.08 | 249.23 | 82.7 | 4114.81 | 238.84 | 114.77 | 196.87 | 222.58 | 162.49 | 3927.03 | 239.72 | 112.74 |
| 19Q4 (4) | 35.01 | -87.51 | 0.0 | 0.07 | 75.0 | 0.0 | 2.60 | 712.5 | 0.0 | 1214.38 | -49.84 | 0.0 | 61.03 | -40.81 | 0.0 | 1155.95 | -50.13 | 0.0 |
| 19Q3 (3) | 280.22 | 710.12 | 0.0 | 0.04 | 0.0 | 0.0 | 0.32 | -87.83 | 0.0 | 2420.93 | -5.53 | 0.0 | 103.11 | 4.88 | 0.0 | 2318.15 | -6.03 | 0.0 |
| 19Q2 (2) | 34.59 | 88.81 | 0.0 | 0.04 | -20.0 | 0.0 | 2.63 | -47.08 | 0.0 | 2562.51 | 33.75 | 0.0 | 98.31 | 31.08 | 0.0 | 2466.83 | 33.64 | 0.0 |
| 19Q1 (1) | 18.32 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | 4.97 | 0.0 | 0.0 | 1915.94 | 0.0 | 0.0 | 75.00 | 0.0 | 0.0 | 1845.90 | 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) | 660.38 | 532.49 | 0.27 | 92.86 | 0.55 | -84.29 | 1369.21 | -49.15 | 57.77 | -55.53 | 1311.99 | -48.88 |
| 2022 (9) | 104.41 | 3.99 | 0.14 | -51.72 | 3.50 | -3.85 | 2692.80 | 115.45 | 129.90 | 101.05 | 2566.40 | 115.87 |
| 2021 (8) | 100.40 | 54.13 | 0.29 | 45.0 | 3.64 | -35.0 | 1249.84 | -31.56 | 64.61 | -33.78 | 1188.86 | -31.44 |
| 2020 (7) | 65.14 | 18.05 | 0.20 | 0.0 | 5.60 | -15.28 | 1826.09 | -2.11 | 97.57 | 5.65 | 1734.13 | -2.56 |
| 2019 (6) | 55.18 | -58.58 | 0.20 | -37.5 | 6.61 | 141.24 | 1865.49 | 61.33 | 92.35 | 93.4 | 1779.76 | 60.15 |
| 2018 (5) | 133.23 | 48.38 | 0.32 | -11.11 | 2.74 | -32.68 | 1156.29 | 14.25 | 47.75 | -16.93 | 1111.28 | 15.92 |
| 2017 (4) | 89.79 | 12.5 | 0.36 | 33.33 | 4.07 | -10.94 | 1012.08 | -26.35 | 57.48 | -36.57 | 958.66 | -25.58 |
| 2016 (3) | 79.81 | -99.61 | 0.27 | 12.5 | 4.57 | 22750.0 | 1374.24 | -9.93 | 90.62 | 20.12 | 1288.19 | -11.18 |
| 2015 (2) | 20583.80 | -85.87 | 0.24 | -36.84 | 0.02 | 0 | 1525.71 | 60.43 | 75.44 | 60.14 | 1450.29 | 60.45 |
| 2014 (1) | 145714.00 | 17930.34 | 0.38 | -19.15 | 0.00 | 0 | 951.00 | 23.18 | 47.11 | -7.79 | 903.89 | 25.29 |
