table_specific

What was the total amount of Hck Hot Chicken's accounts receivable in 2024?

Hck_Hot_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

Accounts receivable are stated at the amount the Company expects to collect. The Company considers accounts receivable to be fully collectible; accordingly, no allowance for doubtful accounts is required. The current expected credit loss is analyzed in determining the collectability of accounts.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)

What This Means (2025 FDD)

I am unable to provide the specific total amount of Hck Hot Chicken's accounts receivable for 2024, as this information is not present within the provided excerpts from the 2025 Franchise Disclosure Document. However, the FDD does contain information regarding the company's accounting policies related to accounts receivable. Specifically, the FDD states that accounts receivable are recorded at the amount the company expects to collect, and that Hck Hot Chicken considers its accounts receivable to be fully collectible, thus not requiring an allowance for doubtful accounts. The current expected credit loss is analyzed in determining the collectability of accounts.

For a prospective franchisee, this indicates that Hck Hot Chicken takes a proactive approach to managing and collecting its receivables. The absence of an allowance for doubtful accounts suggests a strong history of collecting payments due. This may reflect well on the brand's financial management and the financial health of its franchisees, as the parent company is not anticipating losses from uncollectible accounts.

To obtain the specific accounts receivable figure for 2024, a prospective franchisee should directly request the information from Hck Hot Chicken's management team. Reviewing the complete financial statements, including the balance sheets and income statements, will provide a more comprehensive understanding of the company's financial performance and position.

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.