table_specific

What was the inventory value for Crave Cookies in 2022?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

Inventories consist of cookie boxes. Inventories are stated at the lower of cost or net realizable value. Costs of cookie boxes are determined using the first-in, first-out (FIFO) method.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)

What This Means (2025 FDD)

Based on the 2025 Crave Cookies Franchise Disclosure Document, the financial statements provide details on how Crave Cookies values its inventory, which consists of cookie boxes. The FDD states that inventories are recorded at the lower of cost or net realizable value, and the cost of cookie boxes is determined using the first-in, first-out (FIFO) method.

However, the specific inventory value for Crave Cookies as of December 31, 2022, is not explicitly disclosed in the provided excerpts. While the notes to the financial statements discuss the accounting policies related to inventories, they do not provide the actual monetary value of the inventory held by Crave Cookies at the end of 2022.

A prospective Crave Cookies franchisee should inquire with the franchisor about the inventory values for 2022 to gain a better understanding of the company's financial position and inventory management practices. Understanding the inventory value can help a franchisee assess the efficiency of Crave Cookies' supply chain and the potential costs associated with inventory management.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.