What was the total amount of current assets for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Current assets | |||
|---|---|---|---|
| Cash and cash equivalents | $ 10,716 | $ 26,197 | |
| Accounts receivable, net | 29,858 | 25,763 | |
| Merchandise inventories, net | 56,393 | 48,576 | |
| Prepaid expenses | 4,426 | 4,665 | |
| Due from marketing fund | 668 | 1,034 | |
| Total current assets | 102,061 | 106,235 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the company's total current assets in 2024 were $102,061. Current assets include cash and cash equivalents, accounts receivable, merchandise inventories, prepaid expenses, and amounts due from the marketing fund.
For a prospective franchisee, understanding the composition and value of current assets is crucial. It provides insight into the company's liquidity and its ability to meet short-term obligations. Higher current assets generally indicate a stronger financial position. Batteries Plus Bulbs's current assets consist of cash, accounts receivable, inventory, prepaid expenses, and funds due from the marketing fund.
It is important to note that the total current assets can fluctuate year to year, as seen by the change from $106,235 in 2023 to $102,061 in 2024. Monitoring these changes can help franchisees understand the financial trends and stability of Batteries Plus Bulbs.