table_specific

What were the current contract liabilities for Bw Premier Collection in 2023, expressed in thousands of dollars?

Bw_Premier_Collection Franchise · 2025 FDD

Answer from 2025 FDD Document

(in thousands) 2024 2023
Current contract liabilities

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 thousand. The non-current contract liabilities were $221,278 thousand, and the total contract liabilities amounted to $343,781 thousand.

These figures represent Bw Premier Collection's obligations to provide services or goods in the future for which they have already received payment or have an unconditional right to receive payment. Current liabilities are those due within one year, while non-current liabilities are those due beyond one year. The total contract liabilities represent the sum of these current and non-current obligations.

For a prospective franchisee, understanding these liabilities provides insight into the financial obligations Bw Premier Collection has to its customers and partners. It reflects the scale of deferred revenue and future service commitments the company is managing. Reviewing these figures over time, as presented in the table, can indicate trends in Bw Premier Collection's business and its ability to manage its financial obligations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.