What was the gross amount of accounts receivable for Brightstar Care as of December 29, 2024?

According to Brightstar Care's 2025 Franchise Disclosure Document, the gross accounts receivable as of December 29, 2024, was $6,968,985. This figure represents the total amount of money owed to Brightstar Care by its customers or clients before accounting for any potential credit losses. Accounts receivable are a crucial asset for Brightstar Care, reflecting its ability to generate revenue on credit.

However, it's important to note that not all accounts receivable may be fully collectible. To account for this, Brightstar Care also reports an allowance for credit losses. As of December 29, 2024, this allowance was $773,024. This is an estimate of the amount of accounts receivable that Brightstar Care does not expect to collect. The net accounts receivable, which is the gross amount less the allowance for credit losses, provides a more realistic view of the company's expected cash inflows from its receivables.

For a prospective Brightstar Care franchisee, understanding these figures is essential. It provides insight into the financial health and revenue cycle of the franchisor. Monitoring the accounts receivable and the allowance for credit losses can help franchisees assess the efficiency of billing and collection processes, as well as the creditworthiness of their customer base. A high level of accounts receivable coupled with a significant allowance for credit losses might indicate potential issues with payment collection or customer solvency, which could impact the franchisee's cash flow and profitability.