What was the net cash provided by operating activities for Bw Premier Collection in 2023 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2023 | 2022 |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Excess of revenues over expenses | $ 89,020 | $ 87,769 |
| Adjustments to reconcile excess of revenues over | ||
| expenses to net cash provided by operating activities: | ||
| Depreciation and amortization | 18,162 | 14,748 |
| Provision for doubtful accounts | 794 | (1,650) |
| Net losses (gains) on Restricted Rabbi Trust investments | (996) | 1,977 |
| Net losses on available for sale debt securities | 479 | - |
| Net (gains) on equity securities | (11,629) | (761) |
| Amortization of bond premiums/(discounts) on held-to-maturity securities, net | 79 | 131 |
| Amortization/(accretion) of premiums/(discounts) | ||
| on available-for-sale debt securities, net | (1,732) | (144) |
| Change in accrued interest on held-to-maturity securites, net | 66 | - |
| Change in accrued interest on available-for-sale debt securities, net | (6) | 36 |
| Provision for deferred income taxes | 2,999 | 1,393 |
| Loss on disposition of property, equipment and computer software | 27 | 216 |
| Changes in assets and liabilities: | ||
| Accounts receivable | 9,528 | (7,988) |
| Prepaid expenses and other current assets | (741) | (2,473) |
| Income taxes | (1,327) | (9,710) |
| Other assets, net | (735) | 1,002 |
| Accounts payable, accrued liabilities and deferred compensation plans liability | 5,239 | 2,749 |
| Deferred revenue | (2,089) | (510) |
| Frequent stay program liability | (1,094) | 15,033 |
| Deposits | (3,567) | 952 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 102,477 | 102,770 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Proceeds from maturity of held-to-maturity debt securities | 13,000 | 16,500 |
| Proceeds from maturity of available-for-sale debt securities | 4,118 | - |
| Proceeds from sale of available-for-sale debt securities | 41,029 | 3,460 |
| Proceeds from sale of equity securities | 9,722 | 843 |
| Purchase of available-for-sale debt securities | (149,432) | (76,005) |
| Purchase of equity securities | (80,164) | (37,712) |
| Development costs of hotel investments | (820) | (11,211) |
| Fund Restricted Rabbi Trust investments | (285) | (439) |
| Purchase of property, equipment and computer software | (17,683) | (15,197) |
| NET CASH USED IN INVESTING ACTIVITIES | (180,515) | (119,761) |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the net cash provided by operating activities in 2023 was $102,477 thousand. This figure represents the cash generated from the company's core business operations during the specified year. It's a key indicator of Bw Premier Collection's financial health and its ability to fund ongoing expenses and investments.
For a prospective franchisee, understanding the net cash provided by operating activities is crucial. It demonstrates the brand's capacity to generate cash through its established business model. A positive and stable cash flow from operations suggests that Bw Premier Collection is effectively managing its revenues, expenses, and working capital. This can provide reassurance to franchisees about the potential profitability and sustainability of their investment.
It is important to note that this figure is presented in thousands, meaning the actual amount is $102,477,000. Reviewing this number in comparison to previous years and industry benchmarks can offer further insights into Bw Premier Collection's financial performance and stability. Additionally, prospective franchisees should analyze the components contributing to this net cash flow to understand the underlying factors driving the company's operational success.