What was the reported value of Crepe De Licious's rebate receivable in 2022?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Accounts receivable | |||
| Accounts receivable | $ 53,606 | $ 73,948 | $ 43,172 |
| Rebates receivable | 26,800 | 26,499 | 4,508 |
| Total accounts receivable | $ 80,406 | $ 100,447 | $ 47,680 |
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the rebate receivable for the year 2022 was $4,508. This figure represents the amount of money Crepe De Licious expected to receive in rebates as of the end of that fiscal year.
Rebates receivable are considered current assets on the company's balance sheet, indicating that Crepe De Licious anticipated receiving these funds within a year. Monitoring the rebate receivable can provide insight into the effectiveness of rebate programs and the company's ability to manage and collect these funds.
Prospective franchisees should consider the rebate receivable in the context of Crepe De Licious's overall financial health. While $4,508 may seem like a small amount, it is part of the total assets and contributes to the company's financial performance. Understanding how Crepe De Licious manages and accounts for receivables can help franchisees assess the company's financial management practices.