營建機具租賃公司現金流量預測系統之開發研究

Development of Cost Forcasting System for Construction Equipment Rental Companies

郭斯傑(Sy-Jye Guo) ； 王奎武(Kwei-Wu Wang)

《建築學報》 37期 (2001/08) Pp. 35-48

https://doi.org/10.6377/JA.200108.0035

摘要

由於工程技術的不斷發展，營建工程相關工法也隨之不斷改進革新，造成營建機具種類日趨複雜，而營造廠商通常無法具備所有施工所需之機具。在營造廠取得之工程承攬量不足，且後續工程取得之不確定因素相當多之情況下，轉向營建機具租賃公司租用機具，以減少部分固定成本之支出，將可大幅提高營造廠之競爭力，因此，在現今與未來的營建市場上，營建機具租賃公司將成為營建產業中的重要一環。然而機具租賃公司之成本因子眾多，規劃購置汰換機具方案之評估亦十分複雜，因此建立營建機具租賃公司之現金流量預測系統將可為營建機具租賃業者提供一迅速而客觀的決策分析。本研究之結果，可作為營建機具租賃公司研擬投資方案及營運時成本管理控制之重要參考之用，增加其營運成本之管控能力，以提高其市場競爭力。

關鍵字

營建機具租賃公司 ； 成本因子 ； 現金流量

並列摘要

The forecast of cash flow is a significant issue for construction equipment rental companies. Due to the high-cost of the equipment and the long payback period, the equipment rental became an essential part in the construction industry. The purpose of this study is to develop a cash flow forecasting system for construction equipment rental companies. This study collected the cost items concerning construction equipment rental companies and their corresponding influencing factors. Then, the real-life operation data of a major rental company in Taiwan are analyzed to realize the ratios of the cost items and to find out the tool of analyzing and evaluating the cash flow factors. The cash flow forecasting system operated with various equipment data, operation history, and the criterion of loan and repay parameters predicted by decision makers. It was developed to help the decision maker for analyzing the cash flow items, internal rate of return (IRR) and the parameter of payback period of the project. It also can conduct sensitivity analysis and compare the results among project alternatives. The final analyzing results can be served as useful references for construction equipment rental companies for controlling the operating costs, and strengthening the companies' competitiveness in the rental market.

並列關鍵字

Construction Equipment Rental Company ； Cost Factor ； Cash Flow

參考文獻

Ammar, P., Price, A. D.(1991).Net Cash-Flow Model: Are They Reliable?.Journal of Construction Management and Economics.9(3)

Copeland, T. E., Weston, J. F.(1988).Financial Theory and Corporate Policy.Reading, Mass.:Addition-Wesley Publishing Co..

Navon, R.(1996).Company-Level Cash-Flow Management.Journal of Construction Engineering and Management.122(1)

李秀芳(1987)。租賃會計對相關產業之影響。國立政治大學會計研究所。

姚乃嘉 Yau, Nei-Jia、 楊智斌 Yang, Jyh-Bin、 郭文達 Guo, Wen-Dar(1998)。營造公司工程現金流量之預測模式 A Cash Flow Forecasting Model for Construction Companies。中國土木水利工程學刊 Journal of the Chinese Institute of Civil & Hydraulic Engineering。10(3)