What was the net value of trade accounts receivable for Brueggers Bagels as of December 26, 2023?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
that we identified during the audit.
Denver, Colorado March 27, 2025
CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS
(in thousands (except share information))
| December 31, 2024 | December 26, 2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current assets: | ||||
| Cash and cash equivalents | $ | 69,161 | $ | 75,357 |
| Trade accounts receivable, net | 17,930 | 27,649 | ||
| Ot |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, the net trade accounts receivable as of December 26, 2023, was $27,649.
Trade accounts receivable represent the money owed to Brueggers Bagels by its customers for goods or services delivered but not yet paid for. The 'net' value means that any allowances for doubtful accounts (estimated amounts that may not be collected) have already been subtracted from the total amount owed.
For a prospective franchisee, this figure provides insight into the company's efficiency in collecting payments and managing its accounts receivable. A higher number could indicate potential issues with collecting payments, while a lower number might suggest effective credit and collection policies. Reviewing this trend over multiple years, in comparison to industry benchmarks, can offer a more comprehensive understanding of Brueggers Bagels's financial health.