What was the total amount of accounts payable - trade for All Team as of December 31, 2023?

According to All Team's 2025 Franchise Disclosure Document, the total accounts payable - trade as of December 31, 2023, was $3,528. This figure represents the amount All Team owed to its suppliers and vendors for goods and services received but not yet paid for at the end of the year. Accounts payable is a current liability, indicating 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 advantage of supplier credit terms, but it could also suggest potential cash flow issues if the balance is unusually high compared to previous periods or industry benchmarks. Monitoring this figure over time can provide insights into All Team's payment practices and its ability to manage its short-term obligations.

It's important to note that accounts payable is just one component of All Team's overall financial picture. A comprehensive analysis would involve examining other financial statement line items, such as accounts receivable, cash flow, and overall profitability, to gain a complete understanding of the company's financial stability and performance. Prospective franchisees should consult with a financial advisor to interpret these figures in the context of their investment decision.