What was the reported amount for Bw Premier Collection's accounts payable in 2024 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
and accrued liabilities consisted of the following:
| (in thousands) | 2024 | 2023 |
|---|---|---|
| Accrued compensation and benefits | $ 29,935 | $ 27,155 |
| Accounts payable | 25,340 | 26,273 |
| Accrued liabilities | 21,878 | 21,851 |
| Travel Card liability | 3,716 | 4,542 |
| Current construction loans payable | 1,079 | 1,039 |
| Current lease lia |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the accounts payable for 2024 was $25,340 (in thousands). This figure represents the amount Bw Premier Collection owed to its suppliers and other creditors as of the end of the fiscal year.
For a prospective franchisee, understanding the accounts payable is crucial as it provides insight into the company's short-term financial obligations. A high accounts payable balance relative to its assets could indicate that Bw Premier Collection is managing its cash flow effectively by delaying payments to suppliers, or it could signal potential financial strain. Conversely, a low balance might suggest efficient cash management or very favorable payment terms with suppliers.
It is important to note that this figure is just one component of Bw Premier Collection's overall financial health. Franchisees should review the complete financial statements and consult with a financial advisor to assess the company's financial stability and its implications for their investment.