Rent the Runway (RENT) Receivables - Net (2022 - 2024)
Rent the Runway (RENT) posted Receivables - Net 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 - Net (2022 - 2024) Analysis & Trends
Rent the Runway's Receivables - Net history runs 3 years deep, the most recent figure standing at $1.3 million for Q1 2024.
- Quarterly Receivables - Net 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 - Net was $1.3 million for Q1 2024 at Rent the Runway, down 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.
- A 3-year average of $3.5 million and a median of $4.0 million in 2023 frame the typical range for Receivables - Net.
- Annual changes were most pronounced in 2023 — Receivables - Net soared 263.64% — and 2024, when it plunged 67.5%.
- Rent the Runway's 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.
- Business Quant data shows RENT's Receivables - Net 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) |
|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn |
| 10 | Rent the Runway | 36.36 Mn | 36.36 Mn | -260.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | 1.30 Mn |
| Jan 31, 2024 | 1.30 Mn |
| Apr 30, 2023 | 4.10 Mn |
| Apr 30, 2023 | 4.10 Mn |
| Jan 31, 2023 | 4.00 Mn |
| Jan 31, 2023 | 4.00 Mn |
| Oct 31, 2022 | 6.90 Mn |
| Oct 31, 2022 | 6.90 Mn |
| Jan 31, 2022 | 1.10 Mn |
| Jan 31, 2022 | 1.10 Mn |