What was the total amount of accrued liabilities for Bw Premier Collection in 2023 (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 total amount of accrued liabilities for 2023 was $21,851 (in thousands). This figure represents the company's obligations that have been incurred but not yet paid as of the end of the 2023 fiscal year. Accrued liabilities are a standard accounting item reflecting short-term debts like wages, taxes, and interest.
For a prospective Bw Premier Collection franchisee, understanding the franchisor's accrued liabilities can provide insight into the company's short-term financial health and stability. A significant increase in accrued liabilities from one year to the next could indicate potential cash flow issues or changes in payment practices. However, in this case, the amount appears relatively stable, suggesting consistent financial management.
It's important to note that this figure represents only one aspect of Bw Premier Collection's overall financial picture. Franchisees should review the complete financial statements and consult with a financial advisor to gain a comprehensive understanding of the franchisor's financial condition and its potential impact on their investment.