{"id":2037004,"date":"2023-11-06T11:56:21","date_gmt":"2023-11-06T11:56:21","guid":{"rendered":"https:\/\/www.nimbo.net\/bewertung-des-warenlagers-beim-firmenverkauf"},"modified":"2025-12-02T14:15:12","modified_gmt":"2025-12-02T14:15:12","slug":"wycena-zapasow-przy-sprzedazy-firmy","status":"publish","type":"post","link":"https:\/\/www.nimbo.net\/pl\/wycena-zapasow-przy-sprzedazy-firmy","title":{"rendered":"Wycena zapasow przy sprzeda\u017cy firmy"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Jak wyceni\u0107 moje zapasy? <\/h2>\n\n<p>Kwestia, czy warto\u015b\u0107 zapas\u00f3w powinna by\u0107 uwzgl\u0119dniona w <a href=\"https:\/\/www.nimbo.net\/pl\/wycena-wartosci-firmy\" data-type=\"page\" data-id=\"840\">wycenie przedsi\u0119biorstwa<\/a>, jest cz\u0119sto dyskutowanym tematem. Zapasy s\u0105 wa\u017cn\u0105 cz\u0119\u015bci\u0105 dzia\u0142alno\u015bci i maj\u0105 znacz\u0105cy wp\u0142yw na funkcjonowanie operacyjne oraz kondycj\u0119 finansow\u0105 przedsi\u0119biorstwa.<\/p>\n\n<h2 class=\"wp-block-heading\">Jak mo\u017cna wyceni\u0107 zapasy? Trzy szko\u0142y my\u015blenia: <\/h2>\n\n<h3 class=\"wp-block-heading\">1. Zapasy nie s\u0105 wyceniane oddzielnie<\/h3>\n\n<p>Firma jest wyceniana na podstawie przychod\u00f3w lub zysk\u00f3w. Poniewa\u017c zapasy s\u0105 niezb\u0119dne do generowania tych przychod\u00f3w lub zysk\u00f3w, nie s\u0105 wyceniane oddzielnie.  <\/p>\n\n<h3 class=\"wp-block-heading\">2. Oddzielna wycena zapas\u00f3w w przypadku nadwy\u017cek<\/h3>\n\n<p>Je\u015bli warto\u015b\u0107 zapas\u00f3w waha si\u0119 sezonowo lub z innych powod\u00f3w, nale\u017cy to uwzgl\u0119dni\u0107 w wycenie. Ta szko\u0142a my\u015blenia zak\u0142ada, \u017ce za cz\u0119\u015b\u0107 zapas\u00f3w przekraczaj\u0105c\u0105 znormalizowan\u0105 warto\u015b\u0107 netto nale\u017cy zap\u0142aci\u0107 dodatkowo, ponad warto\u015b\u0107 przedsi\u0119biorstwa. <\/p>\n\n<h3 class=\"wp-block-heading\">3. Zapasy s\u0105 istotnym sk\u0142adnikiem maj\u0105tku<\/h3>\n\n<p>W tym podej\u015bciu zapasy s\u0105 traktowane jako jeden z kluczowych sk\u0142adnik\u00f3w maj\u0105tku przy sprzeda\u017cy firmy i s\u0105 wyceniane oddzielnie.<\/p>\n\n<h2 class=\"wp-block-heading\">Jakie jest podej\u015bcie kupuj\u0105cych w praktyce?<\/h2>\n\n<p>Kupuj\u0105cy maj\u0105 raczej konserwatywne podej\u015bcie do wyceny zapas\u00f3w. Preferuj\u0105 pierwsz\u0105 lub drug\u0105 szko\u0142\u0119 my\u015blenia, szczeg\u00f3lnie gdy zapasy nie s\u0105 postrzegane jako g\u0142\u00f3wny sk\u0142adnik maj\u0105tku firmy. Kupuj\u0105cy chc\u0105 zminimalizowa\u0107 ryzyko p\u0142acenia za aktywa, kt\u00f3re mog\u0105 nie przynie\u015b\u0107 oczekiwanej warto\u015bci.   Jednak w przypadku firm, gdzie zapasy stanowi\u0105 znaczn\u0105 cz\u0119\u015b\u0107 ca\u0142kowitej warto\u015bci, mo\u017ce by\u0107 stosowana trzecia szko\u0142a my\u015blenia, aby zapewni\u0107 odpowiedni\u0105 wycen\u0119 wszystkich aktyw\u00f3w.<\/p>\n\n<h2 class=\"wp-block-heading\">Zalecenia dotycz\u0105ce warto\u015bci zapas\u00f3w<\/h2>\n\n<h3 class=\"wp-block-heading\">Szybka wycena dla pierwszego wra\u017cenia<\/h3>\n\n<p>Je\u015bli warto\u015b\u0107 Twoich zapas\u00f3w jest mniej wi\u0119cej sta\u0142a i chcesz uzyska\u0107 pierwsze wra\u017cenie o warto\u015bci swojej firmy, mo\u017cesz pomin\u0105\u0107 zapasy (t\u0119 metod\u0119 stosujemy w naszej <a href=\"https:\/\/www.nimbo.net\/pl\/oblicz-wycene-firmy\">wycenie online<\/a>). <\/p>\n\n<div class=\"wp-block-group notepad has-border-color has-background\" style=\"border-color:var(--global-palette3);border-width:1px;border-radius:10px;padding-top:0;background-image:url(&#039;https:\/\/www.nimbo.net\/wp-content\/uploads\/2023\/11\/Example-Notepad-Background.png&#039;);background-position:50% 0;background-size:800px;\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-e3e06330 wp-block-group-is-layout-flex\"><style>.kt-svg-icons2032709_551471-31 .kt-svg-item-0 .kb-svg-icon-wrap{color:var(--global-palette4, #2D3748);font-size:50px;}.wp-block-kadence-icon.kt-svg-icons2032709_551471-31{justify-content:center;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2032709_551471-31 alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2032709_b9afed-05 .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2032709_b9afed-05 .kb-svg-icon-wrap{font-size:40px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2032709_b9afed-05\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fe_edit\"><svg viewBox=\"0 0 24 24\"  fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M20 14.66V20a2 2 0 0 1-2 2H4a2 2 0 0 1-2-2V6a2 2 0 0 1 2-2h5.34\"\/><polygon points=\"18 2 22 6 12 16 8 16 8 12 18 2\"\/><\/svg><\/span><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Przyk\u0142ad oblicze\u0144 dla firmy produkcyjnej<\/h3>\n<\/div>\n\n\n\n<!-- Link to Google Fonts for Caveat font --><link href=\"https:\/\/fonts.googleapis.com\/css2?family=Caveat&#038;display=swap\" rel=\"stylesheet\"\/><!-- Style to apply the Caveat font only within the .notepad group --><style>.notepad {\n    font-family: 'Caveat', cursive;\n}\n<\/style>\n\n\n\n<br\/>  <strong> W tym przypadku magazyn nie jest rozpatrywany oddzielnie. <strong> <br\/>\n<h4>Przyk\u0142adowe za\u0142o\u017cenia:<\/h4>\n<table>\n    <tr>\n        <th><\/th>\n        <th><\/th>\n       \n    <\/tr>\n    <tr>\n        <td>Obr\u00f3t:<\/td>\n        <td> 10.000.000 <\/td> \n    <\/tr>\n    \n        <td>EBITDA:<\/td>\n        <td>2.500.000<\/td>\n    \n  \n        <td>zastosowany mno\u017cnik:<\/td>\n        <td>6.2<\/td>\n    \n \n        \n\n      <td>  <strong>  Obliczanie warto\u015bci przedsi\u0119biorstwa:  <strong> <td>\n     <\/td><tr>\n        <th><\/th>\n        <th><\/th>\n       \n    <\/tr>\n    <tr>\n        <td>EBITDA x Mno\u017cnik = 2 500 000 x 6,2 = 15 500 000<\/td>\n      <\/tr>\n        \n\n    \n<\/strong><\/strong><\/td><\/table>\n\n <p class=\"result\"><strong>Warto\u015b\u0107 firmy wynosi 15 500 000 <\/strong><\/p>\n<\/strong><\/strong><\/div><\/div>\n\n<h3 class=\"wp-block-heading\">Zmienna warto\u015b\u0107 zapas\u00f3w<\/h3>\n\n<p>Powiniene\u015b sprawdzi\u0107, czy warto\u015b\u0107 zapas\u00f3w w momencie wyceny firmy jest znacz\u0105co wy\u017csza lub ni\u017csza ni\u017c przeci\u0119tnie. Nietypowe odchylenia powinny by\u0107 uwzgl\u0119dnione w wycenie przedsi\u0119biorstwa. <\/p>\n\n<p><\/p>\n\n<div class=\"wp-block-group notepad has-border-color has-background\" style=\"border-color:var(--global-palette3);border-width:1px;border-radius:10px;padding-top:0;background-image:url(&#039;https:\/\/www.nimbo.net\/wp-content\/uploads\/2023\/11\/Example-Notepad-Background.png&#039;);background-position:50% 0;background-size:800px;\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-e3e06330 wp-block-group-is-layout-flex\"><style>.kt-svg-icons2032709_b36615-1f .kt-svg-item-0 .kb-svg-icon-wrap{color:var(--global-palette4, #2D3748);font-size:50px;}.wp-block-kadence-icon.kt-svg-icons2032709_b36615-1f{justify-content:center;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2032709_b36615-1f alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2032709_e4d0ae-25 .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2032709_e4d0ae-25 .kb-svg-icon-wrap{font-size:40px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2032709_e4d0ae-25\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fe_edit\"><svg viewBox=\"0 0 24 24\"  fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M20 14.66V20a2 2 0 0 1-2 2H4a2 2 0 0 1-2-2V6a2 2 0 0 1 2-2h5.34\"\/><polygon points=\"18 2 22 6 12 16 8 16 8 12 18 2\"\/><\/svg><\/span><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Przyk\u0142ad oblicze\u0144 dla firmy produkcyjnej<\/h3>\n<\/div>\n\n\n\n<!-- Link to Google Fonts for Caveat font --><link href=\"https:\/\/fonts.googleapis.com\/css2?family=Caveat&#038;display=swap\" rel=\"stylesheet\"\/><!-- Style to apply the Caveat font only within the .notepad group --><style>.notepad {\n    font-family: 'Caveat', cursive;\n}\n<\/style>\n\n\n\n<br\/>  <strong> Warto\u015b\u0107 zapas\u00f3w w tej firmie podlega silnym wahaniom sezonowym. W momencie wyceny firmy jest o 30% wy\u017csza ni\u017c \u015brednia roczna. <strong> <br\/>\n<h4>Przyk\u0142adowe za\u0142o\u017cenia:<\/h4>\n<table>\n    <tr>\n        <th><\/th>\n        <th><\/th>\n       \n    <\/tr>\n    <tr>\n        <td>Obr\u00f3t:<\/td>\n        <td> 10.000.000 <\/td> \n    <\/tr>\n    \n        <td>EBITDA:<\/td>\n        <td>2.500.000<\/td>\n    \n  \n        <td>zastosowany mno\u017cnik:<\/td>\n        <td>6.2<\/td>\n    \n \n     <td>Warto\u015b\u0107 zapas\u00f3w:<\/td>\n        <td>3.250.000<\/td>\n    \n     \n <td>\u015arednia warto\u015b\u0107 zapas\u00f3w:<\/td>\n        <td>2.250.000<\/td>\n    \n \n <td>R\u00f3\u017cnica:<\/td>\n        <td>750.000<\/td>\n    \n \n      <td>  <strong>  Obliczanie warto\u015bci przedsi\u0119biorstwa:  <strong> <td>\n     <\/td><tr>\n        <th><\/th>\n        <th><\/th>\n       \n    <\/tr>\n    <tr>\n        <td>(EBITDA x Mno\u017cnik) + R\u00f3\u017cnica od \u015bredniej = (2 500 000 x 6,2) + 750 000 = 16 250 000<\/td>\n      <\/tr>\n        \n\n    \n<\/strong><\/strong><\/td><\/table>\n\n <p class=\"result\"><strong>Warto\u015b\u0107 firmy wynosi 16 250 000 <\/strong><\/p>\n<\/strong><\/strong><\/div><\/div>\n\n<h3 class=\"wp-block-heading\">Por\u00f3wnanie warto\u015bci zapas\u00f3w i warto\u015bci firmy<\/h3>\n\n<p>Je\u015bli warto\u015b\u0107 zapas\u00f3w przekracza warto\u015b\u0107 firmy obliczon\u0105 metod\u0105 dochodow\u0105, przychodow\u0105 lub rynkow\u0105, powiniene\u015b wybra\u0107 alternatywn\u0105 <a href=\"https:\/\/www.nimbo.net\/pl\/bewertungsmethoden-2\" data-type=\"page\" data-id=\"837\">metod\u0119 wyceny<\/a>, tak\u0105 jak metoda warto\u015bci aktyw\u00f3w netto.<\/p>\n\n<div class=\"wp-block-group notepad has-border-color has-background\" style=\"border-color:var(--global-palette3);border-width:1px;border-radius:10px;padding-top:0;background-image:url(&#039;https:\/\/www.nimbo.net\/wp-content\/uploads\/2023\/11\/Example-Notepad-Background.png&#039;);background-position:50% 0;background-size:800px;\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-e3e06330 wp-block-group-is-layout-flex\"><style>.kt-svg-icons2032709_f050b3-48 .kt-svg-item-0 .kb-svg-icon-wrap{color:var(--global-palette4, #2D3748);font-size:50px;}.wp-block-kadence-icon.kt-svg-icons2032709_f050b3-48{justify-content:center;}<\/style>\n<div class=\"wp-block-kadence-icon kt-svg-icons kt-svg-icons2032709_f050b3-48 alignnone kb-icon-valign-bottom\"><style>.kt-svg-item-2032709_77c973-b9 .kb-svg-icon-wrap, .kt-svg-style-stacked.kt-svg-item-2032709_77c973-b9 .kb-svg-icon-wrap{font-size:40px;}<\/style>\n<div class=\"wp-block-kadence-single-icon kt-svg-style-default kt-svg-icon-wrap kt-svg-item-2032709_77c973-b9\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fe_edit\"><svg viewBox=\"0 0 24 24\"  fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M20 14.66V20a2 2 0 0 1-2 2H4a2 2 0 0 1-2-2V6a2 2 0 0 1 2-2h5.34\"\/><polygon points=\"18 2 22 6 12 16 8 16 8 12 18 2\"\/><\/svg><\/span><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Przyk\u0142ad oblicze\u0144 dla firmy produkcyjnej<\/h3>\n<\/div>\n\n\n\n<!-- Link to Google Fonts for Caveat font --><link href=\"https:\/\/fonts.googleapis.com\/css2?family=Caveat&#038;display=swap\" rel=\"stylesheet\"\/><!-- Style to apply the Caveat font only within the .notepad group --><style>.notepad {\n    font-family: 'Caveat', cursive;\n}\n<\/style>\n\n\n\n<br\/> Warto\u015b\u0107 zapas\u00f3w jest wy\u017csza ni\u017c warto\u015b\u0107 firmy obliczona metod\u0105 mno\u017cnik\u00f3w. <br\/>\n<h4>Przyk\u0142adowe za\u0142o\u017cenia:<\/h4>\n<table>\n    <tr>\n        <th><\/th>\n        <th><\/th>\n       \n    <\/tr>\n    <tr>\n        <td>Wycena bez magazynu<\/td>\n        <td> 15.500.000 <\/td> \n    <\/tr>\n    \n        <td>Wycena magazynu:<\/td>\n       \n    \n  \n        <td>Surowce:<\/td>\n        <td>10.000.000<\/td>\n    \n \n     <td>Produkty p\u00f3\u0142gotowe:<\/td>\n        <td>4.00.000<\/td>\n    \n     \n <td>Produkty gotowe:<\/td>\n        <td>2.000.000<\/td>\n    \n \n \n    \n \n  \n   \n        <td> <strong>Ca\u0142kowita warto\u015b\u0107 zapas\u00f3w:  <strong> <\/strong><\/strong><\/td>\n<td> <strong>16.000.000  <strong> <\/strong><\/strong><\/td>\n      \n        \n\n    \n<\/table>\n\n <p class=\"result\"><strong>Je\u015bli warto\u015b\u0107 magazynu jest wy\u017csza ni\u017c warto\u015b\u0107 firmy obliczona metod\u0105 mno\u017cnik\u00f3w, konieczna jest pog\u0142\u0119biona analiza, kt\u00f3ra metoda jest najodpowiedniejsza w konkretnym przypadku do ustalenia realistycznej warto\u015bci firmy. <\/strong><\/p>\n<\/div><\/div>\n\n<p>Te rekomendacje maj\u0105 pom\u00f3c przedsi\u0119biorcom i kupuj\u0105cym w podj\u0119ciu \u015bwiadomej decyzji dotycz\u0105cej uwzgl\u0119dnienia warto\u015bci zapas\u00f3w w wycenie przedsi\u0119biorstwa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jak wyceni\u0107 moje zapasy? Kwestia, czy warto\u015b\u0107 zapas\u00f3w powinna by\u0107 uwzgl\u0119dniona w wycenie przedsi\u0119biorstwa, jest cz\u0119sto dyskutowanym tematem. Zapasy s\u0105 wa\u017cn\u0105 cz\u0119\u015bci\u0105 dzia\u0142alno\u015bci i maj\u0105 znacz\u0105cy wp\u0142yw na funkcjonowanie operacyjne oraz kondycj\u0119 finansow\u0105 przedsi\u0119biorstwa. Jak mo\u017cna wyceni\u0107 zapasy? Trzy szko\u0142y my\u015blenia: 1. Zapasy nie s\u0105 wyceniane oddzielnie Firma jest wyceniana na podstawie przychod\u00f3w lub zysk\u00f3w&#8230;.<\/p>\n","protected":false},"author":1003,"featured_media":2040687,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[400060],"tags":[],"class_list":["post-2037004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-kategorii"],"taxonomy_info":{"category":[{"value":400060,"label":"Bez kategorii"}]},"featured_image_src_large":["https:\/\/www.nimbo.net\/wp-content\/uploads\/2023\/11\/Featured-Image-Inventory.png",1024,1024,false],"author_info":{"display_name":"Marc Uhlmann","author_link":"https:\/\/www.nimbo.net\/pl\/author\/marc"},"comment_info":0,"category_info":[{"term_id":400060,"name":"Bez kategorii","slug":"bez-kategorii","term_group":0,"term_taxonomy_id":2000060,"taxonomy":"category","description":"","parent":0,"count":25,"filter":"raw","cat_ID":400060,"category_count":25,"category_description":"","cat_name":"Bez kategorii","category_nicename":"bez-kategorii","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/posts\/2037004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/users\/1003"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/comments?post=2037004"}],"version-history":[{"count":0,"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/posts\/2037004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/media\/2040687"}],"wp:attachment":[{"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/media?parent=2037004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/categories?post=2037004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nimbo.net\/pl\/wp-json\/wp\/v2\/tags?post=2037004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}