What was the amount of accounts receivable, net of allowance for credit losses, for 1-800-GOT-JUNK? as of May 31, 2025?

According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, the accounts receivable, net of allowance for credit losses, was $11,313,651 as of May 31, 2025. The allowance for credit losses that was applied to accounts receivable as of that date was $106,092.

Accounts receivable generally include amounts due for ongoing royalty, Sales Centre fees, Ad Fund fees, and National Accounts and Strategic Alliances (“NASA”) customers. The company records receivables at contractual prices. The LLC maintains an allowance for credit losses (“ACL”) for estimated losses inherent in its accounts receivable portfolio.

For a prospective franchisee, this figure indicates the amount of money owed to 1-800-GOT-JUNK? by its franchisees and NASA customers, after accounting for potential credit losses. Monitoring accounts receivable and the allowance for credit losses can provide insights into the financial health of 1-800-GOT-JUNK? and its franchisees.