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Rent the Runway (Rent the Runway) Accounts Receivable : $0.0 Mil (As of Jan. 2024)


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What is Rent the Runway Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rent the Runway's accounts receivables for the quarter that ended in Jan. 2024 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rent the Runway's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rent the Runway's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-89.35.


Rent the Runway Accounts Receivable Historical Data

The historical data trend for Rent the Runway's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rent the Runway Accounts Receivable Chart

Rent the Runway Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
- - - - -

Rent the Runway Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Rent the Runway Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Rent the Runway Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Rent the Runway's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/75.8*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Rent the Runway's accounts receivable are only considered to be worth 75% of book value:

Rent the Runway's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(84+0.75 * 0+0.5 * 0-400.8
-0-0)/3.54552
=-89.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Rent the Runway Accounts Receivable Related Terms

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Rent the Runway (Rent the Runway) Business Description

Traded in Other Exchanges
N/A
Address
10 Jay Street, Brooklyn, NY, USA, 11201
Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.
Executives
Jennifer Hyman director, 10 percent owner, officer: Chief Executive Officer 767 FIFTH AVENUE, C/O THE ESTEE LAUDER COMPANIES INC., NEW YORK NY 10153
Cara Schembri officer: GC & Secretary C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Brian Donato officer: Chief Supply Chain Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Siddharth Thacker officer: Chief Financial Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Andrew Rau officer: SVP, Supply Chain & Inventory C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Sarah K Tam officer: Chief Merchant Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Anushka Salinas officer: President & COO C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Becky Case officer: SVP, Engineering C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Larry Steinberg officer: Chief Technology Officer 1000 WINDWARD CONCOURSE, SUITE 250, ALPHARETTA GA 30005
Emil Michael director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
Scarlett O'sullivan officer: Chief Financial Officer 225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
Andrea Alexander officer: Chief People Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Carley Roney director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Timothy E Bixby director C/O SHUTTERSTOCK, 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118

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