What was the total amount of accounts payable - trade for All Team 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 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 year. Accounts payable is a current liability, meaning these obligations are typically due within a year.
For a prospective All Team franchisee, understanding the accounts payable is crucial for assessing the company's short-term financial health. A higher accounts payable balance could indicate that All Team is taking longer to pay its bills, which might be a sign of cash flow challenges. Conversely, a lower balance could suggest efficient cash management or favorable payment terms with suppliers.
It's important to note that accounts payable is just one aspect of All Team's overall financial picture. A prospective franchisee should review the complete financial statements, including the balance sheet, income statement, and cash flow statement, to gain a comprehensive understanding of the company's financial condition and performance. Analyzing trends in accounts payable over multiple years, as well as comparing All Team's financial ratios to industry benchmarks, can provide valuable insights for making an informed investment decision.