What was the total amount of accounts payable - trade for All Team as of December 31, 2024?

According to All Team's 2025 Franchise Disclosure Document, the total accounts payable - trade as of December 31, 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 at the end of the fiscal year. It is a current liability, indicating obligations due within one year.

For a prospective All Team franchisee, understanding the accounts payable is crucial for assessing the company's short-term financial health. 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.

In comparison, the accounts payable - trade for the previous year, 2023, was $3,528. The decrease in accounts payable from 2023 to 2024 could be due to a variety of factors, such as changes in purchasing patterns, improved payment terms with suppliers, or a general decrease in business activity. Franchisees should consider these trends when evaluating the overall financial stability of All Team.