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

Rent the Runway (RENT) has reported Receivables - Net for 3 consecutive years, with $1.3 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Receivables - Net 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 - Net eased to $1.3 million in Q1 2024 per RENT's latest filing, from $4.1 million in the prior quarter.
• Across five years, Receivables - Net topped out at $6.9 million in Q4 2022 and bottomed at $1.1 million in Q1 2022.
• Historically, Receivables - Net has averaged $3.5 million across 3 years, with a median of $4.0 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Receivables - Net jumped 263.64% in 2023, then slumped 67.5% in 2024.
• Over 3 years, Receivables - Net 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.
• According to Business Quant data, Receivables - Net over the past three periods registered $1.3 million, $4.1 million, and $4.0 million for Q1 2024, Q2 2023, and Q1 2023 respectively.