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
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