What was the total of C12 Group's accounts receivable at January 1, 2023?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
Accounts Receivable
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the specific total of C12 Group's accounts receivable as of January 1, 2023, is not explicitly stated. However, the document does provide some related financial details.
The notes to the consolidated financial statements included in Item 22 discuss accounts receivable as part of the summary of significant accounting policies. Additionally, the document mentions that financial instruments, including trade accounts receivables, potentially expose the company to credit risk.
While the FDD does not provide the exact accounts receivable balance for January 1, 2023, it does offer a snapshot of the company's financial practices and risk management concerning receivables. A prospective franchisee should consider requesting this specific information from C12 Group to gain a clearer understanding of the company's financial health and the management of its outstanding accounts.