What was the reported value of Ben Jerrys' inventories in 2023?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
| BEN & JERRY'S FRANCHISING, INC. AND SUBSIDIARY | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| (In Thousands) | ||
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash | $ 1,386 | $ 1,308 |
| Accounts receivable, allowance for credit losses of $45 | 375 | 321 |
| and $105 at December 31, 2023 and 2022, respectively | ||
| Due from parent, net | 23,241 | 18,415 |
| Inventories | 219 | 182 |
| Prepaid expenses and other current assets | 416 | 289 |
| Total current assets | 25,637 | 20,515 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the value of its inventories in 2023 was $219,000. This figure is derived from the consolidated balance sheets, which provide a snapshot of the company's assets, liabilities, and equity at a specific point in time. Inventories are classified as current assets, reflecting items the company intends to sell within a year.
For a prospective Ben Jerrys franchisee, understanding the inventory value is crucial for assessing the company's financial health and efficiency in managing its stock. A higher inventory value could indicate slower sales or overstocking, while a lower value might suggest efficient inventory management or potential stockouts. Monitoring these figures over time can reveal trends in Ben Jerrys's operational performance.
It's important to note that these figures are part of the consolidated financial statements, which include the parent company and its subsidiary. The financial statements are prepared in accordance with accounting principles generally accepted in the United States of America, requiring management to make estimates and assumptions that could affect the reported amounts. Therefore, while the inventory value provides a useful indicator, prospective franchisees should consider it in the context of the overall financial picture and consult with financial advisors to fully understand the implications.