Rent the Runway (RENT) Receivables (2022 - 2024)
Rent the Runway's (RENT) quarterly Receivables came in at $1.3 million in Q1 2024, down 67.5% YoY from $4.0 million in Q1 2023, and down 68.29% on a QoQ basis from $4.1 million in Q2 2023.
Rent the Runway (RENT) Receivables (2022 - 2024) Analysis & Trends
Rent the Runway (RENT) has 3 years of Receivables data on file, last reported at $1.3 million in Q1 2024.
- Quarterly Receivables fell 67.5% year-over-year to $1.3 million in Q1 2024, while the trailing twelve-month figure through Jan 2024 was $1.3 million (down 67.5% YoY) and the FY2024 annual result came in at $1.3 million, down 67.5% from the prior year.
- Receivables fell to $1.3 million in Q1 2024, from $4.1 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $6.9 million in Q4 2022 to a low of $1.1 million in Q1 2022.
- A 3-year average of $3.5 million and a median of $4.0 million in 2023 frame the typical range for Receivables.
- Annual changes were most pronounced in 2023 — Receivables soared 263.64% — and 2024, when it sank 67.5%.
- Tracing RENT's Receivables over 3 years: stood at $6.9 million in 2022, then slumped by 40.58% to $4.1 million in 2023, then plunged by 68.29% to $1.3 million in 2024.
- The last three Receivables figures came in at $1.3 million (Q1 2024), $4.1 million (Q2 2023), and $4.0 million (Q1 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.79 Bn | 150.21 Bn | 4.48 Bn | 642.00 Mn |
| 2 | Ross Stores | 73.01 Bn | 68.88 Bn | 1.78 Bn | 212.54 Mn |
| 3 | Burlington Stores | 20.93 Bn | 20.19 Bn | 1.26 Bn | 113.98 Mn |
| 4 | Lululemon Athletica | 13.36 Bn | 11.84 Bn | 1.34 Bn | 164.97 Mn |
| 5 | Gap | 7.23 Bn | 4.67 Bn | 1.42 Bn | - |
| 6 | Victoria's Secret | 7.03 Bn | 6.82 Bn | 585.00 Mn | 185.00 Mn |
| 7 | Urban Outfitters | 6.38 Bn | 5.97 Bn | 542.57 Mn | 115.90 Mn |
| 8 | Boot Barn Holdings | 4.90 Bn | 4.76 Bn | - | 15.26 Mn |
| 9 | Abercrombie & Fitch | 4.70 Bn | 4.08 Bn | 682.63 Mn | 146.04 Mn |
| 10 | Rent the Runway | 122.16 Mn | 122.16 Mn | 66.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | 1.30 Mn |
| Apr 30, 2023 | 4.10 Mn |
| Jan 31, 2023 | 4.00 Mn |
| Oct 31, 2022 | 6.90 Mn |
| Jan 31, 2022 | 1.10 Mn |