Rent the Runway (RENT) Receivables (2022 - 2024)
Rent the Runway (RENT) reported Receivables of $1.3 million for Q1 2024, down 67.5% on a YoY basis from $4.0 million in Q1 2023, and down 68.29% quarter-over-quarter from $4.1 million in Q2 2023.
Rent the Runway (RENT) Receivables (2022 - 2024) Analysis & Trends
Rent the Runway has reported Receivables for 3 years, with the latest figure at $1.3 million in Q1 2024.
- For the quarter ending Q1 2024, Receivables fell 67.5% year-over-year to $1.3 million; the trailing twelve-month figure through Jan 2024 stood at $1.3 million (down 67.5% YoY), and the FY2024 full-year result was $1.3 million, down 67.5% from the prior year.
- Receivables for Q1 2024 stood at $1.3 million, down from $4.1 million in the prior quarter.
- The five-year high for Receivables was $6.9 million in Q4 2022, with the low at $1.1 million in Q1 2022.
- Historically, Receivables has averaged $3.5 million across 3 years, with a median of $4.0 million in 2023.
- Annual changes were most pronounced in 2023 — Receivables soared 263.64% — and 2024, when it sank 67.5%.
- Rent the Runway's Receivables stood at $6.9 million in 2022, then plunged by 40.58% to $4.1 million in 2023, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 642.00 Mn |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 194.10 Mn |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 113.98 Mn |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 190.66 Mn |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | - |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | 95.67 Mn |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 14.21 Mn |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 186.00 Mn |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 146.76 Mn |
| 10 | Rent the Runway | 39.83 Mn | 39.83 Mn | 53.80 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 |