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

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

Rent the Runway has reported Receivables - Net for 3 years, with the latest figure at $1.3 million 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 for Q1 2024 stood at $1.3 million, down from $4.1 million in the prior quarter.
  • The five-year high for Receivables - Net was $6.9 million in Q4 2022, with the low 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.
  • Annual changes were most pronounced in 2023 — Receivables - Net soared 263.64% — and 2024, when it sank 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.
  • The last three Receivables - Net 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)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn
10 Rent the Runway 39.83 Mn 39.83 Mn 53.80 Mn

Historic Data

Download Data
DateValue
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