What was the amount of current contract liabilities for Bw Premier Collection in 2023 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2024 | 2023 | |
|---|---|---|---|
| Current contract liabilities | $ 123,035 | $ 122,503 | |
| Non-current contract liabilities | 235,022 | 221,278 | |
| Total contract liabilities | $ 358,057 | $ 343,781 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the current contract liabilities in 2023 were $122,503 (in thousands). This figure represents the short-term obligations that Bw Premier Collection has to its various contract holders, which may include franchisees, suppliers, or other service providers. These liabilities are considered 'current' because they are expected to be settled within one year.
For a prospective Bw Premier Collection franchisee, understanding the franchisor's contract liabilities can provide insights into the financial health and stability of the organization. A high level of current contract liabilities might indicate that Bw Premier Collection has significant short-term obligations, which could impact its ability to invest in franchisee support, marketing, or other areas crucial to the success of the franchise system.
It's also important to note the non-current contract liabilities, which were $221,278 (in thousands) in 2023. These represent longer-term obligations. The total contract liabilities for Bw Premier Collection in 2023 amounted to $343,781 (in thousands). Reviewing these figures in comparison to previous years and industry benchmarks can offer a more comprehensive understanding of Bw Premier Collection's financial commitments and how they might affect franchisees.