- 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) | 15312.10 | 17108.47 | 62964.66 | 0.26 | 1200.0 | 420.0 | 0.01 | -99.02 | -99.73 | 356.56 | -93.68 | -81.37 | 34.60 | -92.43 | -88.78 | 321.96 | -93.8 | -79.99 |
| 24Q2 (19) | 88.98 | -68.56 | 21.72 | 0.02 | -60.0 | -90.48 | 1.02 | 218.75 | -17.74 | 5645.54 | 235.1 | 1213.59 | 456.89 | 156.31 | 479.07 | 5189.67 | 244.42 | 1373.84 |
| 24Q1 (18) | 282.98 | 402.27 | 287.8 | 0.05 | 25.0 | -70.59 | 0.32 | -80.25 | -74.4 | 1684.74 | -18.9 | 222.4 | 178.26 | -37.04 | 151.92 | 1506.80 | -16.1 | 232.59 |
| 23Q4 (17) | 56.34 | 132.04 | 3606.58 | 0.04 | -20.0 | 300.0 | 1.62 | -56.8 | -97.29 | 2077.39 | 8.55 | -81.22 | 283.11 | -8.23 | -70.48 | 1795.90 | 11.61 | -82.32 |
| 23Q3 (16) | 24.28 | -66.79 | 1725.56 | 0.05 | -76.19 | 400.0 | 3.75 | 202.42 | -94.51 | 1913.84 | 345.31 | -78.3 | 308.49 | 290.99 | -60.31 | 1609.10 | 356.97 | -80.16 |
| 23Q2 (15) | 73.10 | 0.18 | 3106.14 | 0.21 | 23.53 | 2000.0 | 1.24 | -0.8 | -96.9 | 429.78 | -17.76 | -94.32 | 78.90 | 11.5 | -86.5 | 352.12 | -22.28 | -94.99 |
| 23Q1 (14) | 72.97 | 4700.66 | 1528.79 | 0.17 | 1600.0 | 1600.0 | 1.25 | -97.91 | -93.85 | 522.57 | -95.27 | -93.86 | 70.76 | -92.62 | -90.88 | 453.05 | -95.54 | -94.16 |
| 22Q4 (13) | 1.52 | 14.29 | -6.17 | 0.01 | 0.0 | 0.0 | 59.70 | -12.66 | 6.46 | 11059.10 | 25.37 | 69.32 | 958.92 | 23.39 | 11.91 | 10159.80 | 25.24 | 77.29 |
| 22Q3 (12) | 1.33 | -41.67 | 98.51 | 0.01 | 0.0 | 0.0 | 68.35 | 71.0 | -49.81 | 8821.09 | 16.49 | -9.71 | 777.17 | 33.0 | -35.65 | 8112.27 | 15.43 | -6.73 |
| 22Q2 (11) | 2.28 | -49.11 | 119.23 | 0.01 | 0.0 | 0.0 | 39.97 | 96.7 | -54.43 | 7572.45 | -11.09 | -44.9 | 584.35 | -24.65 | -53.84 | 7028.06 | -9.46 | -44.06 |
| 22Q1 (10) | 4.48 | 176.54 | 0 | 0.01 | 0.0 | 0.0 | 20.32 | -63.77 | 0 | 8517.42 | 30.41 | -14.37 | 775.54 | -9.49 | -9.79 | 7762.19 | 35.45 | -14.58 |
| 21Q4 (9) | 1.62 | 141.79 | 478.57 | 0.01 | 0.0 | 0 | 56.08 | -58.82 | -82.64 | 6531.33 | -33.15 | -97.95 | 856.84 | -29.05 | -95.8 | 5730.57 | -34.12 | -98.08 |
| 21Q3 (8) | 0.67 | -35.58 | 509.09 | 0.01 | 0.0 | 0 | 136.18 | 55.26 | -84.09 | 9769.51 | -28.91 | -96.34 | 1207.67 | -4.6 | -88.17 | 8698.02 | -30.77 | -96.62 |
| 21Q2 (7) | 1.04 | 0 | 108.62 | 0.01 | 0.0 | 150.0 | 87.71 | 0 | 0 | 13742.10 | 38.15 | 0 | 1265.91 | 47.25 | 0 | 12563.90 | 38.25 | 0 |
| 21Q1 (6) | 0.00 | -100.0 | -100.0 | 0.01 | 0 | -50.0 | 0.00 | -100.0 | -100.0 | 9947.30 | -96.88 | 147.04 | 859.70 | -95.79 | 1487.33 | 9087.60 | -96.96 | 126.91 |
| 20Q4 (5) | 0.28 | 154.55 | -95.12 | 0.00 | 0 | -100.0 | 323.05 | -62.27 | 1936.89 | 319014.00 | 19.46 | 17844.21 | 20421.60 | 100.06 | 91027.18 | 298915.00 | 15.99 | 16775.84 |
| 20Q3 (4) | 0.11 | 100.91 | 0.0 | 0.00 | 100.0 | 0.0 | 856.13 | 0 | 0.0 | 267054.00 | 0 | 0.0 | 10207.70 | 0 | 0.0 | 257702.00 | 0 | 0.0 |
| 20Q2 (3) | -12.07 | -531.07 | 0.0 | -0.02 | -200.0 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | 2.80 | -51.22 | 0.0 | 0.02 | -60.0 | 0.0 | 32.54 | 105.17 | 0.0 | 4026.52 | 126.49 | 0.0 | 54.16 | 141.68 | 0.0 | 4004.90 | 126.1 | 0.0 |
| 19Q4 (1) | 5.74 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | 15.86 | 0.0 | 0.0 | 1777.81 | 0.0 | 0.0 | 22.41 | 0.0 | 0.0 | 1771.26 | 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) | 423.47 | 3170.04 | 0.45 | 1025.0 | 0.86 | -96.95 | 819.83 | -90.96 | 85.84 | -90.07 | 734.85 | -91.08 |
| 2022 (9) | 12.95 | -52.27 | 0.04 | 0.0 | 28.18 | 109.52 | 9070.95 | -3.16 | 864.30 | -7.37 | 8234.82 | -2.52 |
| 2021 (8) | 27.13 | 6065.91 | 0.04 | 0 | 13.45 | -98.37 | 9366.90 | -91.43 | 933.04 | -83.1 | 8447.31 | -91.93 |
| 2020 (7) | 0.44 | -48.24 | 0.00 | 0 | 824.61 | 91.76 | 109355.00 | 211.74 | 5519.83 | 1065.23 | 104660.00 | 198.73 |
| 2019 (6) | 0.85 | -95.02 | 0.01 | -97.67 | 430.03 | 1913.25 | 35079.00 | 4015.56 | 473.71 | 1905.55 | 35035.30 | 4021.32 |
| 2018 (5) | 17.08 | -11.87 | 0.43 | -99.68 | 21.36 | 13.44 | 852.35 | 31352.03 | 23.62 | -15.94 | 850.10 | 0 |
| 2017 (4) | 19.38 | -4.77 | 134.61 | -19.0 | 18.83 | 4.96 | 2.71 | 23.18 | 28.10 | -0.35 | -6.55 | 0 |
| 2016 (3) | 20.35 | -0.83 | 166.18 | -13.24 | 17.94 | 0.84 | 2.20 | 15.18 | 28.20 | 1.0 | -8.06 | 0 |
| 2015 (2) | 20.52 | -16.79 | 191.55 | -8.96 | 17.79 | 20.2 | 1.91 | 10.4 | 27.92 | -5.8 | -8.23 | 0 |
| 2014 (1) | 24.66 | 16.16 | 210.41 | -47.26 | 14.80 | -13.95 | 1.73 | 90.11 | 29.64 | -1.4 | -13.10 | 0 |
