Rent the Runway (RENT) Receivables (2022 - 2024)

Rent the Runway (RENT) posted Receivables of $1.3 million for Q1 2024, down 68.29% on a QoQ basis from $4.1 million in Q2 2023, and down 67.5% year-over-year from $4.0 million in Q1 2023.

Rent the Runway (RENT) Receivables (2022 - 2024) Analysis & Trends

Rent the Runway's Receivables history runs 3 years deep, the most recent figure standing at $1.3 million for 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 was $1.3 million for Q1 2024 at Rent the Runway, down from $4.1 million in the prior quarter.
  • Across five years, Receivables topped out at $6.9 million in Q4 2022 and bottomed at $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 plunged 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.
  • Business Quant data shows RENT's Receivables at $1.3 million in Q1 2024, $4.1 million in Q2 2023, and $4.0 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 642.00 Mn
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 181.30 Mn
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn 113.98 Mn
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 190.66 Mn
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn -
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn 185.00 Mn
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn 115.90 Mn
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 14.21 Mn
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn 146.04 Mn
10 Rent the Runway 36.36 Mn 36.36 Mn -260.40 Mn -

Historic Data

Download Data
DateValue
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