What was the total value of accounts receivable held by the Camp Margaritaville brand company in 2022?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Amounts received in advance of the period earned are recorded as a liability under deferred revenue on the accompanying consolidated balance sheets.
Cash
The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the information regarding the specific value of accounts receivable held by Margaritaville Holdings LLC, the parent company of Camp Margaritaville, as of December 31, 2022, is not available. However, the FDD does discuss the general accounting policies of accounts receivable.. Specifically, the FDD notes that amounts received in advance of the period earned are recorded as a liability under deferred revenue on the accompanying consolidated balance sheets. The company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
To gain a comprehensive understanding of the brand's financial health, a prospective Camp Margaritaville franchisee should seek clarification from the franchisor regarding the accounts receivable figures for 2022. Understanding the accounts receivable is crucial as it reflects the money owed to the company by its customers, which can impact the company's cash flow and overall financial stability.
It would be prudent for potential franchisees to request detailed financial statements, including balance sheets and income statements, to assess the trend and composition of accounts receivable over several years. This will help in evaluating the efficiency of Camp Margaritaville's revenue collection and its ability to manage credit risks associated with outstanding receivables.