What was the total amount of trade receivables for Clear Pest Pros as of December 31, 2022?

According to Clear Pest Pros's 2025 Franchise Disclosure Document, the total amount of trade receivables as of December 31, 2022, was $5,231. This figure represents the gross amount of money owed to Clear Pest Pros by its customers or franchisees for goods or services provided. It's important to note that this is the gross amount before accounting for any potential credit losses.

To arrive at the net accounts receivable figure of $3,074, Clear Pest Pros deducts an allowance for credit losses. This allowance represents the company's estimate of the amount of trade receivables that may not be collectible. For 2022, this allowance was $4,589. The difference between the gross trade receivables and the allowance for credit losses gives the net accounts receivable, which is a more conservative estimate of what Clear Pest Pros expects to actually collect.

For a prospective franchisee, understanding these figures is crucial. High trade receivables could indicate strong sales, but a large allowance for credit losses might suggest difficulties in collecting payments. Monitoring these trends can provide insights into the financial health and operational efficiency of Clear Pest Pros.