What was the total value of contract assets for Bw Premier Collection in 2023?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2024 | 2023 | |
|---|---|---|---|
| Current contract assets | $ 954 | $ 957 | |
| Non-current contract assets | 12,229 | 11,903 | |
| Total contract assets | $ 13,183 | $ 12,860 |
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 value of contract assets in 2023 was $12,860,000. This figure is derived from the sum of current and non-current contract assets.
The current contract assets for Bw Premier Collection in 2023 were valued at $957,000, while the non-current contract assets amounted to $11,903,000. These values are presented in thousands of dollars.
Understanding the composition of these assets is crucial for prospective franchisees. Contract assets typically represent revenue that Bw Premier Collection has earned but not yet received in cash. Monitoring these figures can provide insights into the financial health and operational efficiency of the franchise system.