What was the total value of Checkersrallys' inventory as of December 30, 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
ignificant audit findings, and certain internal control-related matters that we identified during the audit.
Tampa, Florida April 1, 2025
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
| Successor | ||
|---|---|---|
| December 30, | January 1, | |
| 2024 | 2024 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the company's inventory as of December 30, 2024, was valued at $2,428. This figure represents the total value of raw materials, work-in-progress, and finished goods that Checkersrallys held at that specific point in time. For a prospective franchisee, understanding the inventory value is crucial as it reflects the level of investment Checkersrallys maintains in its stock to support its operations.
This inventory figure is a snapshot of Checkersrallys' financial position and operational efficiency. A higher inventory value might suggest overstocking or slow sales, while a lower value could indicate efficient inventory management or potential stockout risks. Franchisees should consider this in relation to sales volume and cost of goods sold to assess inventory turnover and efficiency.
It's also worth noting that the inventory value on January 1, 2024, was $2,178. The increase in inventory value from January 1, 2024, to December 30, 2024, could be due to various factors such as increased sales expectations, changes in supply chain dynamics, or strategic decisions regarding inventory levels. Understanding these fluctuations can help a franchisee better anticipate and manage their own inventory needs and costs.