{"id":3358,"date":"2026-03-06T20:17:22","date_gmt":"2026-03-06T20:17:22","guid":{"rendered":"https:\/\/sdtax.com.tr\/?p=3358"},"modified":"2026-03-06T20:17:42","modified_gmt":"2026-03-06T20:17:42","slug":"3-tablo-3-dakika-analizi","status":"publish","type":"post","link":"https:\/\/sdtax.com.tr\/index.php\/2026\/03\/06\/3-tablo-3-dakika-analizi\/","title":{"rendered":"3 TABLO -3 DAK\u0130KA ANAL\u0130Z\u0130"},"content":{"rendered":"\n<p>Bir \u015firketin finansal durumunu anlamak i\u00e7in bazen y\u00fczlerce sayfal\u0131k rapora gerek yoktur.<\/p>\n\n\n\n<p>Tecr\u00fcbeli CFO\u2019lar\u0131n s\u0131k kulland\u0131\u011f\u0131 pratik bir y\u00f6ntem vard\u0131r: \u201c3 tablo \u2013 3 dakika analizi.\u201d<\/p>\n\n\n\n<p>Ama\u00e7 \u00e7ok basittir:<br>Bir i\u015fletmenin ger\u00e7ekten sa\u011fl\u0131kl\u0131 m\u0131 yoksa sadece k\u00e2\u011f\u0131t \u00fczerinde mi iyi g\u00f6r\u00fcnd\u00fc\u011f\u00fcn\u00fc h\u0131zl\u0131ca anlamak.<\/p>\n\n\n\n<p>Bu analizde yaln\u0131zca \u00fc\u00e7 tabloya bak\u0131l\u0131r:<\/p>\n\n\n\n<p>1\ufe0f\u20e3 Nakit Ak\u0131m Tablosu<\/p>\n\n\n\n<p>\u0130lk soru \u015fudur:<br>\u015eirket faaliyetlerinden nakit \u00fcretebiliyor mu?<\/p>\n\n\n\n<p>\u00c7\u00fcnk\u00fc bir i\u015fletme k\u00e2r yazabilir ama nakit \u00fcretmiyorsa uzun s\u00fcre ayakta kalamaz.<\/p>\n\n\n\n<p>Operasyonel nakit ak\u0131\u015f\u0131 negatifse genellikle \u015fu problemler vard\u0131r:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tahsilat sorunlar\u0131<\/li>\n\n\n\n<li>Stok y\u00f6netimi hatalar\u0131<\/li>\n\n\n\n<li>H\u0131zl\u0131 ama kontrols\u00fcz b\u00fcy\u00fcme<\/li>\n<\/ul>\n\n\n\n<p>Unutulmamas\u0131 gereken ger\u00e7ek:<br>\u015eirketler k\u00e2rla de\u011fil nakitle hayatta kal\u0131r.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>2\ufe0f\u20e3 EBITDA Analizi<\/p>\n\n\n\n<p>\u0130kinci ad\u0131m operasyonel performans\u0131 anlamakt\u0131r.<\/p>\n\n\n\n<p>Burada \u015fu soruya bak\u0131l\u0131r:<\/p>\n\n\n\n<p>Sat\u0131\u015flar artt\u0131k\u00e7a \u015firket ger\u00e7ekten daha m\u0131 k\u00e2rl\u0131 oluyor, yoksa sadece hacim mi b\u00fcy\u00fcyor?<\/p>\n\n\n\n<p>E\u011fer sat\u0131\u015flar artarken EBITDA d\u00fc\u015f\u00fcyorsa genellikle \u015fu durum vard\u0131r:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Yanl\u0131\u015f fiyatlama<\/li>\n\n\n\n<li>Kontrols\u00fcz pazarlama giderleri<\/li>\n\n\n\n<li>\u00d6l\u00e7ek ekonomisinin \u00e7al\u0131\u015fmamas\u0131<\/li>\n<\/ul>\n\n\n\n<p>Bu noktada ciro b\u00fcy\u00fcmesi asl\u0131nda yan\u0131lt\u0131c\u0131 bir ba\u015far\u0131 hik\u00e2yesi olabilir.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>3\ufe0f\u20e3 Bilan\u00e7o \u2013 Bor\u00e7 Analizi<\/p>\n\n\n\n<p>Son a\u015famada finansal risk \u00f6l\u00e7\u00fcl\u00fcr.<\/p>\n\n\n\n<p>Burada CFO\u2019lar\u0131n en \u00e7ok bakt\u0131\u011f\u0131 oranlardan biri:<\/p>\n\n\n\n<p>Net Bor\u00e7 \/ EBITDA<\/p>\n\n\n\n<p>Genel kabul g\u00f6ren yorum:<\/p>\n\n\n\n<p>0\u20132 \u2192 Sa\u011fl\u0131kl\u0131<br>2\u20134 \u2192 Dikkat<br>4+ \u2192 Y\u00fcksek finansal risk<\/p>\n\n\n\n<p>Bu oran b\u00fcy\u00fcd\u00fck\u00e7e \u015firketin finansal esnekli\u011fi azal\u0131r.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Bu \u00fc\u00e7 tablo birlikte okundu\u011funda \u00e7o\u011fu zaman ger\u00e7ek tablo ortaya \u00e7\u0131kar:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EBITDA pozitif<\/li>\n\n\n\n<li>Nakit ak\u0131\u015f\u0131 pozitif<\/li>\n\n\n\n<li>Bor\u00e7 kontrol alt\u0131nda<\/li>\n<\/ul>\n\n\n\n<p>\u2192 Sa\u011fl\u0131kl\u0131 i\u015fletme<\/p>\n\n\n\n<p>Ama;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EBITDA pozitif<\/li>\n\n\n\n<li>Nakit ak\u0131\u015f\u0131 negatif<\/li>\n<\/ul>\n\n\n\n<p>\u2192 Finansal yap\u0131 alarm veriyor olabilir.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Finans d\u00fcnyas\u0131nda s\u0131k kullan\u0131lan bir ifade vard\u0131r:<\/p>\n\n\n\n<p>\u201cMuhasebe ge\u00e7mi\u015fi anlat\u0131r, nakit ak\u0131\u015f\u0131 gelece\u011fi.\u201d<\/p>\n\n\n\n<p>Bu y\u00fczden g\u00fc\u00e7l\u00fc finans y\u00f6netimi, sadece muhasebe tablolar\u0131na de\u011fil; nakit \u00fcretme kapasitesine odaklan\u0131r.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bir \u015firketin finansal durumunu anlamak i\u00e7in bazen y\u00fczlerce sayfal\u0131k rapora gerek yoktur. Tecr\u00fcbeli CFO\u2019lar\u0131n s\u0131k kulland\u0131\u011f\u0131 pratik bir y\u00f6ntem vard\u0131r: \u201c3 tablo \u2013 3 dakika analizi.\u201d Ama\u00e7 \u00e7ok basittir:Bir i\u015fletmenin ger\u00e7ekten sa\u011fl\u0131kl\u0131 m\u0131 yoksa sadece k\u00e2\u011f\u0131t \u00fczerinde mi iyi g\u00f6r\u00fcnd\u00fc\u011f\u00fcn\u00fc h\u0131zl\u0131ca anlamak. Bu analizde yaln\u0131zca \u00fc\u00e7 tabloya bak\u0131l\u0131r: 1\ufe0f\u20e3 Nakit Ak\u0131m Tablosu \u0130lk soru \u015fudur:\u015eirket [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-3358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vergi-maliye"],"_links":{"self":[{"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/3358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=3358"}],"version-history":[{"count":1,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/3358\/revisions"}],"predecessor-version":[{"id":3360,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/3358\/revisions\/3360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/media\/3359"}],"wp:attachment":[{"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=3358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=3358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sdtax.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=3358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}