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
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