What was the amount of All Team's accounts payable-trade in 2024?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT LIABILITIES | |
|---|---|
| Accounts payable - trade | $ 2,646 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the accounts payable-trade for 2024 was $2,646. This figure represents the amount All Team owed to its suppliers and vendors for goods and services received but not yet paid for as of the end of the fiscal year. It is a current liability, indicating obligations due within one year.
For a prospective franchisee, understanding accounts payable is crucial as it reflects the company's short-term financial obligations. A low accounts payable balance might suggest efficient payment practices or strong cash flow management. However, it could also indicate that All Team is taking advantage of early payment discounts offered by its vendors.
Conversely, a high accounts payable balance could signal potential cash flow issues or strategic decisions to delay payments. In All Team's case, the accounts payable-trade is relatively low compared to other current liabilities like the credit line payable ($859,983) and other funding liabilities ($1,133,303). This suggests that trade payables are a small component of All Team's overall short-term debt structure.