What was the total value of Caption By Hyatt's inventories as of December 31, 2023?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS | ||
|---|---|---|
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 1,011 | $ 881 |
| Restricted cash | 1 | 34 |
| Short-term investments | 372 | 15 |
| 1,121 | 883 | |
| Inventories | 8 | 9 |
| Prepaids and other assets | 174 | 195 |
| Prepaid income taxes | 46 | 51 |
| Assets held for sale | — | 62 |
| Total current assets | 2,733 | 2,130 |
Source: Item 23 — Receipts (FDD pages 85–349)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the value of its inventories as of December 31, 2023, was $9 million. This figure reflects the total value of all goods held for sale or use in the operation of Caption By Hyatt hotels as of that date.
For a prospective franchisee, understanding the inventory value is crucial for assessing the financial health and operational efficiency of Caption By Hyatt. It provides insight into how well the brand manages its resources and meets customer demand. A higher inventory value might suggest strong sales or overstocking, while a lower value could indicate efficient inventory management or potential supply shortages.
It's important to note that this inventory value is a snapshot in time and can fluctuate based on various factors, including seasonal demand, supply chain dynamics, and promotional activities. Franchisees should consider these factors when evaluating the financial performance of Caption By Hyatt and planning their own inventory management strategies.