What was the amount of accounts receivable-contract revenue for Cd One Price Cleaners at the end of the year?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
on the franchisees sales. The variable consideration is recognized based on the actual amounts incurred each month.
Accounts receivable and deferred revenue at year-end, affecting the cash flow of these revenue sources consis
Source: Item 22 — Contracts (FDD page 72)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the accounts receivable-contract revenue was audited for two fiscal years. The FDD states that for the fiscal year ending December 27, 2024, the accounts receivable-contract revenue was $0. For the fiscal year ending December 29, 2023, the accounts receivable-contract revenue was $11,860.
Accounts receivable represents money owed to Cd One Price Cleaners by its customers or franchisees for services already provided. Contract revenue refers to revenue earned from contracts with customers, likely related to franchise agreements or other services. The figures reported reflect the outstanding amounts at the end of each respective fiscal year.
Prospective franchisees should pay close attention to these figures as they provide insight into the financial health and revenue streams of Cd One Price Cleaners. A significant increase in accounts receivable could indicate potential issues with collecting payments from franchisees, while a decrease might suggest improved payment collection processes or changes in contract terms. Reviewing these trends over multiple years can offer a more comprehensive understanding of the company's financial stability.