What were All County's total current liabilities as of December 31, 2023?

According to All County's 2025 Franchise Disclosure Document, the company's total current liabilities as of December 31, 2023, were $163,489. This figure represents the sum of All County's short-term financial obligations, including accounts payable and the current portion of notes payable to stockholders. These are debts or obligations that All County expected to settle within one year.

Specifically, the current liabilities consisted of accounts payable totaling $161,791 and notes payable to stockholders (current portion) amounting to $1,698. Accounts payable typically include short-term obligations to suppliers and vendors for goods and services received but not yet paid for. The notes payable to stockholders represent the portion of loans from stockholders that were due within the year.

Understanding the composition and magnitude of current liabilities is crucial for prospective franchisees. It provides insight into All County's short-term financial health and its ability to meet its immediate obligations. A high level of current liabilities relative to current assets could indicate potential liquidity issues, while a lower level suggests a stronger short-term financial position. Franchisees should analyze these figures in conjunction with other financial metrics to assess the overall financial stability of All County.