RideNow (RDNW) Other Working Capital Changes (2017 - 2023)
RideNow (RDNW) posted quarterly Other Working Capital Changes of -$123000.0 for Q4 2023, up 96.97% year-over-year from -$62444.5 in Q4 2022, and down 441.67% quarter-over-quarter from $36000.0 in Q3 2023.
RideNow (RDNW) Other Working Capital Changes (2017 - 2023) Analysis & Trends
RideNow's Other Working Capital Changes history runs 7 years deep, the most recent figure standing at -$123000.0 for Q4 2023.
- In Q4 2023, Other Working Capital Changes rose 96.97% year-over-year to -$123000.0; the TTM figure through Dec 2023 stood at -$300000.0 (changed 0.0% YoY), while the FY2024 annual figure was $200000.0, up 166.67% from the prior year.
- Other Working Capital Changes for Q4 2023 stood at -$123000.0, down from $36000.0 in the prior quarter.
- The five-year high for Other Working Capital Changes was $12.3 million in Q1 2022, with the low at -$15.3 million in Q3 2022.
- The 5-year median for Other Working Capital Changes is $8000.0 (2021), against an average of $209297.1.
- Peak annual rise in Other Working Capital Changes reached 153350.0% in 2022, while the deepest fall reached 555.24% in 2022.
- RideNow's Other Working Capital Changes stood at $117242.0 in 2019, then sank by 120.16% to -$23634.0 in 2020, then surged by 4652.76% to $1.1 million in 2021, then tumbled by 477.88% to -$4.1 million in 2022, then soared by 96.97% to -$123000.0 in 2023.
- Business Quant data shows RDNW's Other Working Capital Changes at -$123000.0 in Q4 2023, $36000.0 in Q3 2023, and -$201000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - |
| 2 | Carvana | 51.80 Bn | 49.06 Bn | 1.38 Bn |
| 3 | Penske Automotive | 14.29 Bn | 14.22 Bn | 1.36 Bn |
| 4 | Lithia Motors | 8.57 Bn | 8.21 Bn | 1.50 Bn |
| 5 | Carmax | 8.31 Bn | 7.72 Bn | 854.41 Mn |
| 6 | Autonation | 7.01 Bn | 6.96 Bn | 1.23 Bn |
| 7 | Autozi Internet Technology (Global) | 6.33 Bn | 6.14 Bn | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.31 Bn | 6.05 Bn | 361.67 Mn |
| 9 | Openlane | 4.29 Bn | 4.10 Bn | 248.20 Mn |
| 10 | RideNow | 242.47 Mn | 229.07 Mn | 70.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -123,000.00 |
| Dec 31, 2023 | -123,000.00 |
| Dec 31, 2023 | -123,000.00 |
| Sep 30, 2023 | 36,000.00 |
| Sep 30, 2023 | 36,000.00 |
| Sep 30, 2023 | 36,000.00 |
| Jun 30, 2023 | -201,000.00 |
| Jun 30, 2023 | -201,000.00 |
| Jun 30, 2023 | -201,000.00 |
| Mar 31, 2023 | -12,000.00 |
| Mar 31, 2023 | -12,000.00 |
| Mar 31, 2023 | -12,000.00 |
| Dec 31, 2022 | -4.07 Mn |
| Dec 31, 2022 | -4.07 Mn |
| Dec 31, 2022 | -4.07 Mn |
| Sep 30, 2022 | -15.35 Mn |
| Sep 30, 2022 | -15.35 Mn |
| Sep 30, 2022 | -15.35 Mn |
| Jun 30, 2022 | 6.84 Mn |
| Jun 30, 2022 | 6.84 Mn |