- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q4 (20) | 3.10 | -23.27 | -59.1 | 0.00 | -100.0 | 0 | 29.33 | 30.3 | 144.21 | 21422.20 | 103.59 | -55.91 | 1471.84 | 89.57 | -57.83 | 19979.60 | 104.53 | -55.71 |
| 24Q3 (19) | 4.04 | -48.27 | -56.32 | 0.01 | -75.0 | 0.0 | 22.51 | 93.22 | 128.76 | 10522.40 | 306.2 | -41.96 | 776.43 | 309.6 | -39.95 | 9768.45 | 304.9 | -42.02 |
| 24Q2 (18) | 7.81 | 591.15 | 165.65 | 0.04 | 0 | 0 | 11.65 | -85.55 | -62.36 | 2590.47 | -99.31 | -99.33 | 189.56 | -99.3 | -99.34 | 2412.55 | -99.31 | -99.32 |
| 24Q1 (17) | 1.13 | -85.09 | -83.41 | 0.00 | 0 | 0 | 80.60 | 571.11 | 502.84 | 376456.00 | 674.85 | 196.51 | 27106.90 | 676.72 | 166.39 | 349429.00 | 674.68 | 199.16 |
| 23Q4 (16) | 7.58 | -18.05 | -14.64 | 0.00 | -100.0 | 0 | 12.01 | 22.05 | 17.17 | 48584.30 | 167.98 | -68.79 | 3489.90 | 169.91 | -72.81 | 45106.40 | 167.74 | -68.42 |
| 23Q3 (15) | 9.25 | 214.63 | 474.53 | 0.01 | 0 | 0 | 9.84 | -68.21 | -82.59 | 18130.00 | -95.28 | -85.04 | 1293.01 | -95.47 | -87.12 | 16846.80 | -95.26 | -84.86 |
| 23Q2 (14) | 2.94 | -56.83 | 81.48 | 0.00 | 0 | 0 | 30.95 | 131.49 | -44.99 | 383898.00 | 202.37 | 1798.41 | 28530.00 | 180.37 | 1577.37 | 355399.00 | 204.27 | 1813.07 |
| 23Q1 (13) | 6.81 | -23.31 | 632.26 | 0.00 | 0 | 0 | 13.37 | 30.44 | -86.38 | 126964.00 | -18.44 | 57.36 | 10175.80 | -20.71 | 47.26 | 116802.00 | -18.23 | 58.12 |
| 22Q4 (12) | 8.88 | 451.55 | 692.86 | 0.00 | 0 | 0 | 10.25 | -81.87 | -87.38 | 155667.00 | 28.42 | 156.62 | 12834.20 | 27.86 | 140.12 | 142844.00 | 28.41 | 157.86 |
| 22Q3 (11) | 1.61 | -0.62 | 56.31 | 0.00 | 0 | 0 | 56.53 | 0.48 | -36.22 | 121221.00 | 499.45 | 58.78 | 10037.50 | 490.14 | 44.02 | 111240.00 | 498.79 | 60.14 |
| 22Q2 (10) | 1.62 | 74.19 | 72.34 | 0.00 | 0 | 0 | 56.26 | -42.67 | -41.88 | 20222.10 | -74.94 | -69.94 | 1700.88 | -75.39 | -73.38 | 18577.40 | -74.85 | -69.53 |
| 22Q1 (9) | 0.93 | -16.96 | -39.22 | 0.00 | 0 | 0 | 98.14 | 20.83 | 65.41 | 80682.00 | 33.01 | 256.82 | 6910.22 | 29.28 | 196.7 | 73869.90 | 33.35 | 263.15 |
| 21Q4 (8) | 1.12 | 8.74 | -85.05 | 0.00 | 0 | -100.0 | 81.22 | -8.36 | 568.48 | 60659.50 | -20.54 | 1275.6 | 5345.02 | -23.31 | 1260.4 | 55395.70 | -20.25 | 1274.95 |
| 21Q3 (7) | 1.03 | 9.57 | -52.09 | 0.00 | 0 | 0 | 88.63 | -8.44 | 109.87 | 76343.80 | 13.5 | 64.34 | 6969.62 | 9.1 | 119.62 | 69462.80 | 13.92 | 60.34 |
| 21Q2 (6) | 0.94 | -38.56 | -60.83 | 0.00 | 0 | 0 | 96.80 | 63.16 | 154.8 | 67264.50 | 197.48 | -23.03 | 6388.38 | 174.29 | 7.37 | 60973.00 | 199.75 | -25.17 |
| 21Q1 (5) | 1.53 | -79.57 | -51.74 | 0.00 | -100.0 | -100.0 | 59.33 | 388.31 | 106.51 | 22611.20 | 412.76 | 44.04 | 2329.05 | 492.78 | 115.62 | 20341.50 | 404.89 | 38.88 |
| 20Q4 (4) | 7.49 | 248.37 | 0.0 | 0.02 | 0 | 0.0 | 12.15 | -71.23 | 0.0 | 4409.68 | -90.51 | 0.0 | 392.90 | -87.62 | 0.0 | 4028.93 | -90.7 | 0.0 |
| 20Q3 (3) | 2.15 | -10.42 | 0.0 | 0.00 | 0 | 0.0 | 42.23 | 11.16 | 0.0 | 46453.90 | -46.84 | 0.0 | 3173.50 | -46.66 | 0.0 | 43322.60 | -46.83 | 0.0 |
| 20Q2 (2) | 2.40 | -24.29 | 0.0 | 0.00 | -100.0 | 0.0 | 37.99 | 32.23 | 0.0 | 87389.60 | 456.7 | 0.0 | 5949.92 | 450.85 | 0.0 | 81477.70 | 456.29 | 0.0 |
| 20Q1 (1) | 3.17 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 28.73 | 0.0 | 0.0 | 15697.90 | 0.0 | 0.0 | 1080.14 | 0.0 | 0.0 | 14646.50 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 (10) | 36.94 | 22.72 | 0.05 | 400.0 | 9.88 | -18.48 | 7603.08 | -83.1 | 518.01 | -85.03 | 7094.95 | -82.92 |
| 2023 (9) | 30.10 | 219.53 | 0.01 | 0.0 | 12.12 | -68.71 | 44997.20 | -14.58 | 3460.59 | -21.98 | 41548.80 | -13.94 |
| 2022 (8) | 9.42 | 106.13 | 0.01 | 0.0 | 38.74 | -51.53 | 52676.80 | 16.17 | 4435.78 | 0.55 | 48279.70 | 17.72 |
| 2021 (7) | 4.57 | -60.74 | 0.01 | -66.67 | 79.93 | 154.88 | 45343.00 | 264.01 | 4411.58 | 294.38 | 41011.40 | 260.73 |
| 2020 (6) | 11.64 | 97.96 | 0.03 | 200.0 | 31.36 | -49.48 | 12456.40 | -75.56 | 1118.61 | -70.31 | 11369.10 | -75.95 |
| 2019 (5) | 5.88 | -22.43 | 0.01 | 0 | 62.07 | 28.94 | 50971.00 | -38.45 | 3767.77 | -44.64 | 47265.30 | -37.85 |
| 2018 (4) | 7.58 | -46.84 | 0.00 | 0 | 48.14 | 88.05 | 82806.10 | 273.32 | 6806.48 | 225.84 | 76047.80 | 278.01 |
| 2017 (3) | 14.26 | -48.45 | 0.02 | -50.0 | 25.60 | 94.09 | 22181.20 | 139.19 | 2088.93 | 104.2 | 20117.90 | 143.45 |
| 2016 (2) | 27.66 | -82.96 | 0.04 | -84.62 | 13.19 | 486.22 | 9273.57 | 564.78 | 1022.97 | 490.42 | 8263.80 | 575.16 |
| 2015 (1) | 162.30 | 488.47 | 0.26 | 271.43 | 2.25 | -82.99 | 1394.98 | -73.62 | 173.26 | -70.7 | 1223.97 | -74.01 |
