What was the total amount of 'Total 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. This figure represents the sum of cash and cash equivalents, accounts receivable, merchandise inventories, prepaid expenses, and amounts due from the marketing fund.
Understanding the composition of current assets is crucial for prospective franchisees. These assets are essential for covering short-term liabilities and funding day-to-day operations. A healthy balance of liquid assets indicates the company's ability to meet its immediate financial obligations.
For a potential Batteries Plus Bulbs franchisee, this information provides insight into the financial health and liquidity of the company. Reviewing these figures over time can reveal trends and patterns that may influence investment decisions. It's also important to compare these figures with industry benchmarks to assess Batteries Plus Bulbs's relative financial performance.