What was the total amount of accounts payable for Batteries Plus Bulbs in 2024?

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total accounts payable for the company in 2024 was $40,401. This figure represents the company's short-term liabilities to its suppliers and other creditors. It reflects the amount Batteries Plus Bulbs owed to its vendors for goods and services received but not yet paid for as of the end of the 2024 fiscal year.

For a prospective franchisee, understanding the accounts payable is crucial as it provides insight into the company's financial health and its ability to manage short-term obligations. A high accounts payable balance relative to its assets could indicate potential liquidity issues, while a lower balance might suggest efficient cash management. Reviewing this figure in conjunction with other financial metrics, such as current assets and total liabilities, offers a more comprehensive view of the company's financial standing.

It's also important to note that accounts payable is a standard liability for most businesses, including franchises. Monitoring this figure over time can reveal trends in the company's purchasing and payment practices. Franchisees should consider this information when assessing the overall financial stability and operational efficiency of Batteries Plus Bulbs.