- 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) | 134.28 | 781.68 | 16897.47 | 0.00 | 0 | 0 | 0.68 | -88.61 | -99.41 | 149168.00 | -99.48 | -99.35 | 7868.17 | -99.49 | -99.63 | 141300.00 | -99.48 | -99.32 |
| 24Q2 (19) | 15.23 | 365.75 | -73.74 | 0.00 | 0 | 0 | 5.97 | -78.57 | 280.25 | 28547500.00 | 9.28 | 48834.24 | 1529050.00 | -17.03 | 27422.58 | 27018500.00 | 11.28 | 51086.52 |
| 24Q1 (18) | 3.27 | 55.71 | -99.72 | 0.00 | 0 | -100.0 | 27.86 | -35.7 | 34725.0 | 26123100.00 | 8.32 | 2213853.37 | 1843000.00 | -9.69 | 1814054.94 | 24280100.00 | 9.99 | 2251330.32 |
| 23Q4 (17) | 2.10 | 165.82 | -99.6 | 0.00 | 0 | -100.0 | 43.33 | -62.5 | 25388.24 | 24115500.00 | 5.31 | 696237.77 | 2040820.00 | -4.31 | 870148.6 | 22074700.00 | 6.29 | 683568.54 |
| 23Q3 (16) | 0.79 | -98.64 | 2533.33 | 0.00 | 0 | 0 | 115.56 | 7260.51 | -95.88 | 22900600.00 | 39154.69 | 17.72 | 2132680.00 | 38287.79 | 255.23 | 20768000.00 | 39244.96 | 10.14 |
| 23Q2 (15) | 58.00 | -94.96 | 701.1 | 0.00 | -100.0 | -100.0 | 1.57 | 1862.5 | -87.51 | 58338.50 | 4844.23 | 916.53 | 5555.62 | 5368.67 | 6969.12 | 52784.40 | 4794.56 | 830.45 |
| 23Q1 (14) | 1151.34 | 119.58 | 27845.15 | 0.08 | 166.67 | 100.0 | 0.08 | -52.94 | -99.64 | 1179.93 | -65.93 | -45.89 | 101.59 | -56.68 | 80.57 | 1078.43 | -66.6 | -49.76 |
| 22Q4 (13) | 524.34 | 1747700.0 | 4128.55 | 0.03 | 0 | -70.0 | 0.17 | -99.99 | -97.68 | 3463.19 | -99.98 | 282.61 | 234.51 | -99.96 | 654.54 | 3228.86 | -99.98 | 266.33 |
| 22Q3 (12) | 0.03 | -99.59 | -99.99 | 0.00 | -100.0 | -100.0 | 2807.44 | 22234.45 | 1122876.0 | 19453600.00 | 338872.54 | 202616.42 | 600366.00 | 763821.62 | 202336.52 | 18856100.00 | 332284.39 | 202650.49 |
| 22Q2 (11) | 7.24 | 75.73 | -97.85 | 0.02 | -50.0 | -33.33 | 12.57 | -43.12 | 4555.56 | 5738.99 | 163.19 | 68.34 | 78.59 | 39.69 | -22.8 | 5672.98 | 164.3 | 71.51 |
| 22Q1 (10) | 4.12 | -66.77 | -98.57 | 0.04 | -60.0 | 0.0 | 22.10 | 201.09 | 7029.03 | 2180.57 | 140.91 | -11.1 | 56.26 | 81.02 | -33.32 | 2146.41 | 143.52 | -9.38 |
| 21Q4 (9) | 12.40 | -96.57 | -94.9 | 0.10 | 900.0 | 0.0 | 7.34 | 2836.0 | 1883.78 | 905.14 | -90.57 | -3.88 | 31.08 | -89.52 | -24.27 | 881.40 | -90.52 | -2.17 |
| 21Q3 (8) | 361.59 | 7.44 | 3615800.0 | 0.01 | -66.67 | 0 | 0.25 | -7.41 | -100.0 | 9596.46 | 181.49 | -99.91 | 296.57 | 191.33 | -99.94 | 9300.15 | 181.18 | -99.91 |
| 21Q2 (7) | 336.55 | 16.45 | 3365400.0 | 0.03 | -25.0 | 0 | 0.27 | -12.9 | -100.0 | 3409.12 | 38.99 | -99.96 | 101.80 | 20.66 | -99.98 | 3307.59 | 39.64 | -99.96 |
| 21Q1 (6) | 289.02 | 18.84 | 963300.0 | 0.04 | -60.0 | 0 | 0.31 | -16.22 | -99.99 | 2452.71 | 160.47 | -99.97 | 84.37 | 105.58 | -99.98 | 2368.66 | 162.9 | -99.97 |
| 20Q4 (5) | 243.20 | 2431900.0 | 810566.67 | 0.10 | 0 | 0 | 0.37 | -100.0 | -99.99 | 941.65 | -99.99 | -99.99 | 41.04 | -99.99 | -99.98 | 900.98 | -99.99 | -99.99 |
| 20Q3 (4) | 0.01 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 10988.60 | 73.69 | 0.0 | 10371000.00 | 9.49 | 0.0 | 457005.00 | 9.14 | 0.0 | 9924970.00 | 9.55 | 0.0 |
| 20Q2 (3) | 0.01 | -66.67 | 0.0 | 0.00 | 0 | 0.0 | 6326.67 | 96.85 | 0.0 | 9472260.00 | 14.82 | 0.0 | 418740.00 | 21.52 | 0.0 | 9059850.00 | 14.56 | 0.0 |
| 20Q1 (2) | 0.03 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 3213.89 | 6.38 | 0.0 | 8249740.00 | 12.57 | 0.0 | 344587.00 | 42.94 | 0.0 | 7908360.00 | 11.53 | 0.0 |
| 19Q4 (1) | 0.03 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 3021.06 | 0.0 | 0.0 | 7328670.00 | 0.0 | 0.0 | 241068.00 | 0.0 | 0.0 | 7090620.00 | 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) | 1637.15 | 14988.94 | 0.07 | -12.5 | 0.22 | -99.35 | 5098.67 | 12.47 | 449.04 | 51.32 | 4649.86 | 8.89 |
| 2022 (9) | 10.85 | -45.99 | 0.08 | -57.89 | 33.63 | 85.09 | 4533.46 | 136.31 | 296.74 | 289.32 | 4270.36 | 129.54 |
| 2021 (8) | 20.09 | -96.29 | 0.19 | 72.73 | 18.17 | 2611.94 | 1918.43 | -41.07 | 76.22 | -41.01 | 1860.37 | -40.51 |
| 2020 (7) | 541.97 | 225720.83 | 0.11 | 0 | 0.67 | -99.96 | 3255.68 | -99.95 | 129.21 | -99.93 | 3127.14 | -99.95 |
| 2019 (6) | 0.24 | -99.53 | 0.00 | 0 | 1505.59 | 21045.93 | 6818870.00 | 114653.29 | 198038.00 | 172662.8 | 6622340.00 | 113399.43 |
| 2018 (5) | 51.26 | -92.28 | 0.06 | 20.0 | 7.12 | 1194.55 | 5942.20 | -11.55 | 114.63 | -62.68 | 5834.69 | -9.0 |
| 2017 (4) | 664.10 | 4178.99 | 0.05 | -64.29 | 0.55 | -97.66 | 6718.19 | 151.64 | 307.14 | 23.09 | 6411.61 | 162.37 |
| 2016 (3) | 15.52 | -6.39 | 0.14 | 7.69 | 23.52 | 6.86 | 2669.71 | -3.08 | 249.53 | 80.74 | 2443.70 | -7.38 |
| 2015 (2) | 16.58 | 473.7 | 0.13 | -59.38 | 22.01 | -82.57 | 2754.42 | 144.04 | 138.06 | 475.25 | 2638.37 | 114.34 |
| 2014 (1) | 2.89 | -81.27 | 0.32 | -72.88 | 126.26 | 433.64 | 1128.66 | 265.23 | 24.00 | 138.81 | 1230.92 | 281.52 |
