- 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
- 當存貨提列減損損失，虧損認列在該年度，但是存貨價格回升後，之後年度也會直接回沖增加EPS，這種情況很容易在記憶體模組廠見到
- 存貨一直增加，但是存貨銷售比沒什麼改變，可以推測是公司因為銷售良好而準備的存貨
- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 3.89 | -4.89 | -49.02 | 6.14 | -50.88 | 0 | 23.39 | 5.08 | 96.06 | 14.83 | 103.71 | 0 | 121.90 | 8.58 | 8.32 | -83.69 | -1.16 | 16.82 |
| 24Q2 (19) | 4.09 | -20.12 | -32.28 | 12.50 | -96.67 | 0 | 22.26 | 25.27 | 47.71 | 7.28 | 2933.33 | 0 | 112.27 | -18.53 | -15.84 | -82.73 | 30.94 | 30.08 |
| 24Q1 (18) | 5.12 | -27.68 | -31.0 | 375.45 | 0 | 0 | 17.77 | 38.18 | 44.94 | 0.24 | 0 | 0 | 137.81 | 25.93 | 9.62 | -119.79 | -24.04 | -5.59 |
| 23Q4 (17) | 7.08 | -7.21 | -28.12 | 0.00 | 0 | 0 | 12.86 | 7.8 | 39.18 | 0.00 | 0 | 0 | 109.43 | -2.76 | 23.0 | -96.57 | 4.02 | -21.12 |
| 23Q3 (16) | 7.63 | 26.32 | -18.57 | 0.00 | 0 | 0 | 11.93 | -20.84 | 22.86 | 0.00 | 0 | 0 | 112.54 | -15.64 | -19.34 | -100.61 | 14.97 | 22.49 |
| 23Q2 (15) | 6.04 | -18.6 | -87.25 | 0.00 | 0 | 0 | 15.07 | 22.92 | 684.9 | 0.00 | 0 | 0 | 133.40 | 6.11 | 38.89 | -118.32 | -4.29 | -25.7 |
| 23Q1 (14) | 7.42 | -24.67 | -83.92 | 0.00 | 0 | 0 | 12.26 | 32.68 | 522.34 | 0.00 | 0 | 0 | 125.72 | 41.31 | -11.18 | -113.45 | -42.29 | 18.71 |
| 22Q4 (13) | 9.85 | 5.12 | -71.91 | 0.00 | 0 | 0 | 9.24 | -4.84 | 256.76 | 0.00 | 0 | 0 | 88.97 | -36.23 | -7.48 | -79.73 | 38.57 | 14.78 |
| 22Q3 (12) | 9.37 | -80.22 | -42.27 | 0.00 | 0 | 0 | 9.71 | 405.73 | 73.08 | 0.00 | 0 | 0 | 139.52 | 45.26 | 61.31 | -129.80 | -37.89 | -60.48 |
| 22Q2 (11) | 47.38 | 2.67 | 243.83 | 0.00 | 0 | 0 | 1.92 | -2.54 | -70.91 | 0.00 | 0 | 0 | 96.05 | -32.14 | -0.59 | -94.13 | 32.55 | -4.57 |
| 22Q1 (10) | 46.15 | 31.59 | 317.65 | 0.00 | 0 | 0 | 1.97 | -23.94 | -76.06 | 0.00 | 0 | 0 | 141.54 | 47.19 | -3.89 | -139.56 | -49.17 | -0.37 |
| 21Q4 (9) | 35.07 | 116.08 | 365.74 | 0.00 | 0 | 0 | 2.59 | -53.83 | -78.56 | 0.00 | 0 | 0 | 96.16 | 11.18 | -15.17 | -93.56 | -15.68 | 7.61 |
| 21Q3 (8) | 16.23 | 17.78 | 118.44 | 0.00 | 0 | 0 | 5.61 | -15.0 | -54.2 | 0.00 | 0 | 0 | 86.49 | -10.48 | -1.28 | -80.88 | 10.15 | -7.32 |
| 21Q2 (7) | 13.78 | 24.71 | 84.72 | 0.00 | 0 | -100.0 | 6.60 | -19.81 | -45.86 | 0.00 | 0 | -100.0 | 96.62 | -34.39 | -14.97 | -90.02 | 35.26 | 11.25 |
| 21Q1 (6) | 11.05 | 46.75 | 119.68 | 0.00 | 0 | -100.0 | 8.23 | -31.87 | -54.51 | 0.00 | 0 | -100.0 | 147.27 | 29.93 | -35.03 | -139.04 | -37.3 | 33.34 |
| 20Q4 (5) | 7.53 | 1.35 | 79.29 | 0.00 | 0 | -100.0 | 12.08 | -1.39 | -44.25 | 0.00 | 0 | -100.0 | 113.35 | 29.38 | -8.64 | -101.27 | -34.38 | 1.1 |
| 20Q3 (4) | 7.43 | -0.4 | 0.0 | 0.00 | -100.0 | 0.0 | 12.25 | 0.49 | 0.0 | 0.00 | -100.0 | 0.0 | 87.61 | -22.9 | 0.0 | -75.36 | 25.7 | 0.0 |
| 20Q2 (3) | 7.46 | 48.31 | 0.0 | 13062.80 | 317.24 | 0.0 | 12.19 | -32.61 | 0.0 | 0.01 | -66.67 | 0.0 | 113.63 | -49.87 | 0.0 | -101.43 | 51.37 | 0.0 |
| 20Q1 (2) | 5.03 | 19.76 | 0.0 | 3130.77 | -68.05 | 0.0 | 18.09 | -16.52 | 0.0 | 0.03 | 200.0 | 0.0 | 226.69 | 82.71 | 0.0 | -208.57 | -103.68 | 0.0 |
| 19Q4 (1) | 4.20 | 0.0 | 0.0 | 9799.31 | 0.0 | 0.0 | 21.67 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 124.07 | 0.0 | 0.0 | -102.40 | 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) | 38.61 | -56.77 | 0.00 | 0 | 9.45 | 131.05 | 0.00 | 0 | 127.11 | 3.62 | -117.65 | 0 |
| 2022 (9) | 89.32 | 0.82 | 0.00 | 0 | 4.09 | -0.73 | 0.00 | 0 | 122.67 | 9.69 | -118.58 | 0 |
| 2021 (8) | 88.59 | 129.75 | 0.00 | 0 | 4.12 | -56.49 | 0.00 | 0 | 111.83 | -18.53 | -107.71 | 0 |
| 2020 (7) | 38.56 | 213.75 | 39087.10 | -3.06 | 9.47 | -68.11 | 0.01 | 0.0 | 137.27 | -6.63 | -127.80 | 0 |
| 2019 (6) | 12.29 | 146.29 | 40322.70 | 0 | 29.70 | -59.42 | 0.01 | 0 | 147.01 | 0.85 | -117.31 | 0 |
| 2018 (5) | 4.99 | 40.56 | 0.00 | 0 | 73.18 | -28.88 | 0.00 | 0 | 145.77 | 36.63 | -72.59 | 0 |
| 2017 (4) | 3.55 | 59.91 | 0.00 | 0 | 102.90 | -37.29 | 0.00 | 0 | 106.69 | -22.31 | -3.79 | 0 |
| 2016 (3) | 2.22 | -19.27 | 417.89 | 63.87 | 164.09 | 23.77 | 0.87 | -39.16 | 137.33 | 10.97 | 27.63 | 169.3 |
| 2015 (2) | 2.75 | -30.73 | 255.01 | 5.9 | 132.58 | 44.05 | 1.43 | -5.92 | 123.75 | 30.18 | 10.26 | 0 |
| 2014 (1) | 3.97 | 14.74 | 240.80 | -13.67 | 92.04 | -12.77 | 1.52 | 16.03 | 95.06 | -12.24 | -1.51 | 0 |
