According to Noodles & Company's 2025 Franchise Disclosure Document, the company's accounts receivable as of December 31, 2024, was $4.058 million. Accounts receivable primarily consist of franchise receivables, vendor rebates, insurance receivables, and other miscellaneous receivables arising from the normal course of business.

The FDD indicates that Noodles & Company believes all accounts receivable amounts to be collectible, and therefore, no allowance for doubtful accounts was recorded as of December 31, 2024, or January 2, 2024. However, in 2023, the company recognized $0.5 million of bad debt expense.

For a prospective franchisee, accounts receivable is an important metric because it reflects the money owed to Noodles & Company but not yet received. Monitoring the collectability of these receivables is crucial for maintaining healthy cash flow and financial stability. The fact that Noodles & Company did not record an allowance for doubtful accounts in 2024 suggests confidence in their ability to collect outstanding payments, but the $0.5 million in bad debt expense in 2023 indicates that some receivables may not always be fully recoverable.