- 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 | -23.96 | -38.66 | 0.37 | -39.34 | -37.29 | 123.95 | 31.07 | 62.09 | 246.97 | 64.37 | 60.52 | 51.33 | 20.1 | 107.14 | 319.59 | 58.15 | 55.48 |
| 23Q3 (19) | 0.96 | -33.33 | -11.11 | 0.61 | -16.44 | -10.29 | 94.57 | 49.26 | 11.82 | 150.25 | 20.17 | 12.81 | 42.74 | 67.08 | 112.64 | 202.08 | 24.13 | 2.23 |
| 23Q2 (18) | 1.44 | -43.08 | 20.0 | 0.73 | 15.87 | -5.19 | 63.36 | 76.39 | -16.28 | 125.03 | -12.97 | 5.75 | 25.58 | 0.79 | 28.61 | 162.80 | 5.58 | -6.45 |
| 23Q1 (17) | 2.53 | 112.61 | 138.68 | 0.63 | 6.78 | -10.0 | 35.92 | -53.03 | -58.32 | 143.66 | -6.63 | 10.59 | 25.38 | 2.42 | 0.83 | 154.19 | -24.99 | -19.23 |
| 22Q4 (16) | 1.19 | 10.19 | 9.17 | 0.59 | -13.24 | -18.06 | 76.47 | -9.58 | -8.02 | 153.86 | 15.52 | 21.72 | 24.78 | 23.28 | -3.5 | 205.55 | 3.99 | 11.79 |
| 22Q3 (15) | 1.08 | -10.0 | 0.0 | 0.68 | -11.69 | -18.07 | 84.57 | 11.75 | 0.07 | 133.19 | 12.65 | 21.88 | 20.10 | 1.06 | -16.39 | 197.67 | 13.59 | 16.45 |
| 22Q2 (14) | 1.20 | 13.21 | -1.64 | 0.77 | 10.0 | -17.2 | 75.68 | -12.18 | 1.61 | 118.23 | -8.98 | 21.32 | 19.89 | -20.98 | -15.18 | 174.02 | -8.85 | 17.2 |
| 22Q1 (13) | 1.06 | -2.75 | -15.2 | 0.70 | -2.78 | -11.39 | 86.18 | 3.66 | 18.28 | 129.90 | 2.76 | 13.16 | 25.17 | -1.99 | -0.63 | 190.91 | 3.83 | 17.61 |
| 21Q4 (12) | 1.09 | 0.93 | -25.85 | 0.72 | -13.25 | -1.37 | 83.14 | -1.62 | 34.29 | 126.41 | 15.68 | 1.5 | 25.68 | 6.82 | 40.48 | 183.87 | 8.32 | 9.34 |
| 21Q3 (11) | 1.08 | -11.48 | -41.62 | 0.83 | -10.75 | 56.6 | 84.51 | 13.47 | 71.63 | 109.28 | 12.14 | -36.23 | 24.04 | 2.52 | 158.77 | 169.74 | 14.32 | -19.68 |
| 21Q2 (10) | 1.22 | -2.4 | 2.52 | 0.93 | 17.72 | 220.69 | 74.48 | 2.22 | -2.87 | 97.45 | -15.11 | -68.54 | 23.45 | -7.42 | 44.04 | 148.48 | -8.53 | -59.88 |
| 21Q1 (9) | 1.25 | -14.97 | -39.32 | 0.79 | 8.22 | 79.55 | 72.86 | 17.69 | 64.58 | 114.79 | -7.83 | -44.3 | 25.33 | 38.57 | 76.39 | 162.33 | -3.47 | -31.22 |
| 20Q4 (8) | 1.47 | -20.54 | -16.48 | 0.73 | 37.74 | 65.91 | 61.91 | 25.73 | 19.98 | 124.54 | -27.33 | -39.53 | 18.28 | 96.77 | 28.64 | 168.17 | -20.42 | -30.89 |
| 20Q3 (7) | 1.85 | 55.46 | 21.71 | 0.53 | 82.76 | -14.52 | 49.24 | -35.79 | -17.69 | 171.37 | -44.67 | 16.87 | 9.29 | -42.94 | -57.68 | 211.32 | -42.9 | 14.54 |
| 20Q2 (6) | 1.19 | -42.23 | -21.19 | 0.29 | -34.09 | -60.27 | 76.68 | 73.21 | 27.23 | 309.71 | 50.29 | 149.2 | 16.28 | 13.37 | -28.82 | 370.11 | 56.83 | 128.92 |
| 20Q1 (5) | 2.06 | 17.05 | 24.1 | 0.44 | 0.0 | -36.23 | 44.27 | -14.21 | -19.36 | 206.08 | 0.07 | 56.99 | 14.36 | 1.06 | -38.63 | 236.00 | -3.01 | 45.0 |
| 19Q4 (4) | 1.76 | 15.79 | 0.0 | 0.44 | -29.03 | 0.0 | 51.60 | -13.74 | 0.0 | 205.94 | 40.45 | 0.0 | 14.21 | -35.26 | 0.0 | 243.32 | 31.88 | 0.0 |
| 19Q3 (3) | 1.52 | 0.66 | 0.0 | 0.62 | -15.07 | 0.0 | 59.82 | -0.75 | 0.0 | 146.63 | 17.98 | 0.0 | 21.95 | -4.02 | 0.0 | 184.50 | 14.11 | 0.0 |
| 19Q2 (2) | 1.51 | -9.04 | 0.0 | 0.73 | 5.8 | 0.0 | 60.27 | 9.78 | 0.0 | 124.28 | -5.32 | 0.0 | 22.87 | -2.26 | 0.0 | 161.68 | -0.66 | 0.0 |
| 19Q1 (1) | 1.66 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 54.90 | 0.0 | 0.0 | 131.27 | 0.0 | 0.0 | 23.40 | 0.0 | 0.0 | 162.76 | 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) | 8.81 | 29.37 | 2.23 | -14.89 | 41.45 | -22.71 | 163.61 | 17.6 | 22.68 | -18.86 | 182.38 | 10.66 |
| 2022 (9) | 6.81 | 33.79 | 2.62 | -18.63 | 53.63 | -25.21 | 139.13 | 22.79 | 27.95 | 13.11 | 164.81 | 2.81 |
| 2021 (8) | 5.09 | -12.54 | 3.22 | 57.07 | 71.71 | 14.42 | 113.31 | -36.26 | 24.71 | 4.0 | 160.31 | -26.01 |
| 2020 (7) | 5.82 | -38.93 | 2.05 | -13.5 | 62.67 | 63.59 | 177.76 | 15.35 | 23.76 | 8.84 | 216.66 | 27.01 |
| 2019 (6) | 9.53 | 41.82 | 2.37 | -1.66 | 38.31 | -29.43 | 154.11 | 1.64 | 21.83 | -11.94 | 170.58 | -5.82 |
| 2018 (5) | 6.72 | 15.86 | 2.41 | 13.68 | 54.29 | -13.8 | 151.63 | -11.82 | 24.79 | 36.51 | 181.12 | -16.45 |
| 2017 (4) | 5.80 | 4.69 | 2.12 | 13.98 | 62.98 | -4.43 | 171.95 | -12.19 | 18.16 | -9.52 | 216.78 | -10.29 |
| 2016 (3) | 5.54 | -6.58 | 1.86 | -28.46 | 65.90 | 7.03 | 195.81 | 39.32 | 20.07 | 1.83 | 241.64 | 32.47 |
| 2015 (2) | 5.93 | 18.13 | 2.60 | -6.81 | 61.57 | -15.36 | 140.55 | 7.4 | 19.71 | -7.85 | 182.41 | 0.11 |
| 2014 (1) | 5.02 | -12.7 | 2.79 | 7.31 | 72.74 | 14.66 | 130.86 | -6.89 | 21.39 | -19.47 | 182.21 | 2.69 |
