What is the change in accounts payable-trade for All Team in 2022?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT LIABILITIES |
|---|
| Accounts payable - trade |
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 2022 is listed as $0. In 2023, the accounts payable-trade is $3,528. This indicates that All Team's accounts payable-trade increased by $3,528 from 2022 to 2023.
Accounts payable-trade represents the amounts All Team owes to its suppliers for goods and services purchased on credit. A low or zero balance in accounts payable-trade could suggest that All Team promptly pays its suppliers or relies less on trade credit.
Prospective franchisees should consider this information in the context of All Team's overall financial health and compare it to industry benchmarks. Understanding the company's payment practices and its relationship with suppliers can provide insights into its operational efficiency and financial stability.