table_specific

What was the total value of Del Taco's accounts and other receivables, net, as of September 29, 2024?

Del_Taco Franchise · 2025 FDD

Answer from 2025 FDD Document

auditor since 1986.

San Diego, California November 20, 2024

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share data)

Se September 29, 2024 October 1, 2023
ASSETS
Current assets:
Cash $ 24,745 $ 157,653
Restricted cash 29,422 28,254
Accounts and other receivables, net 83,567 99,678
Inventories 3,922 3,896
Prepaid expenses 13,126 16,9

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)

What This Means (2025 FDD)

According to Del Taco's 2025 Franchise Disclosure Document, the total value of accounts and other receivables, net, was $83,567 as of September 29, 2024. This figure represents the amount of money owed to Del Taco by its customers and franchisees, minus any allowances for doubtful accounts.

For a prospective franchisee, understanding the accounts receivable is crucial. It reflects the efficiency of Del Taco's billing and collection processes. A high number could indicate potential issues with collecting payments, which might affect the franchisee's financial stability. Conversely, a lower number suggests effective management of outstanding debts.

It's also useful to compare this figure with the previous year's amount to identify trends. In this case, the accounts and other receivables, net, were $99,678 as of October 1, 2023, indicating a decrease in receivables year over year. This could be due to various factors, such as changes in credit policies, improved collection efforts, or shifts in sales patterns. A potential franchisee should inquire about the reasons for this change to better understand the financial dynamics of the franchise system.

Overall, this information provides valuable insight into Del Taco's financial health and its ability to manage its receivables effectively. Prospective franchisees should consider this data point in conjunction with other financial metrics to assess the overall stability and profitability of the franchise opportunity.

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.