Rent Cash Conversion Cycle from 2010 to 2024

RENT Stock  USD 11.73  1.74  17.42%   
Rent The Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle is likely to outpace its year average in 2024. From the period from 2010 to 2024, Rent The Cash Conversion Cycle quarterly data regression had r-value of  0.08 and coefficient of variation of (76.66). View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
(11.86)
Current Value
19.48548006
Quarterly Volatility
15.28857546
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rent The financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rent The's main balance sheet or income statement drivers, such as Depreciation And Amortization of 110.2 M, Interest Expense of 19.4 M or Selling And Marketing Expenses of 35.3 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0 or PTB Ratio of 1.03. Rent financial statements analysis is a perfect complement when working with Rent The Valuation or Volatility modules.
  
Check out the analysis of Rent The Correlation against competitors.

Latest Rent The's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Rent the Runway over the last few years. It is Rent The's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rent The's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Very volatile
   Cash Conversion Cycle   
       Timeline  

Rent Cash Conversion Cycle Regression Statistics

Arithmetic Mean(19.94)
Geometric Mean20.93
Coefficient Of Variation(76.66)
Mean Deviation7.49
Median(19.62)
Standard Deviation15.29
Sample Variance233.74
Range72.1373
R-Value0.08
Mean Square Error250.17
R-Squared0.01
Significance0.78
Slope0.27
Total Sum of Squares3,272

Rent Cash Conversion Cycle History

2024 19.49
2023 -11.86
2022 -52.65
2021 -43.44
2020 -14.52

About Rent The Financial Statements

Rent The shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Rent The investors may analyze each financial statement separately, they are all interrelated. The changes in Rent The's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rent The's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle(11.86) 19.49 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Rent Stock Analysis

When running Rent The's price analysis, check to measure Rent The's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rent The is operating at the current time. Most of Rent The's value examination focuses on studying past and present price action to predict the probability of Rent The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rent The's price. Additionally, you may evaluate how the addition of Rent The to your portfolios can decrease your overall portfolio volatility.