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What was the change in accounts payable-trade for All Team in 2023?

All_Team Franchise · 2025 FDD

Answer 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 2023 was $3,528, while in 2022, the accounts payable-trade was listed as $ -. This indicates an increase in accounts payable-trade from 2022 to 2023. Accounts payable represents the short-term liabilities All Team has to its suppliers or vendors for goods and services purchased on credit.

For a prospective franchisee, understanding the changes in accounts payable-trade can provide insights into All Team's financial management and its relationships with suppliers. An increase in accounts payable could suggest that All Team is taking advantage of supplier credit terms to manage its cash flow, or it could indicate potential challenges in meeting its short-term obligations.

It's important to note that accounts payable is a normal part of business operations, and the specific implications of changes in this account can vary depending on the industry, business model, and overall financial health of All Team. A prospective franchisee should further investigate the reasons behind the changes in accounts payable-trade and assess its potential impact on their investment.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.