Rent Days Payables Outstanding from 2010 to 2024

RENT Stock  USD 11.73  1.74  17.42%   
Rent The Days Payables Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Payables Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Rent The Days Payables Outstanding quarterly data regression had r-value of  0.47 and coefficient of variation of  46.55. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
11.85994398
Current Value
40.39151417
Quarterly Volatility
11.03250675
 
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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 Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Rent the Runway over the last few years. It is Rent The's Days Payables Outstanding 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.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Rent Days Payables Outstanding Regression Statistics

Arithmetic Mean23.70
Geometric Mean21.87
Coefficient Of Variation46.55
Mean Deviation8.24
Median19.62
Standard Deviation11.03
Sample Variance121.72
Range37.229
R-Value0.47
Mean Square Error101.84
R-Squared0.22
Significance0.08
Slope1.17
Total Sum of Squares1,704

Rent Days Payables Outstanding History

2024 40.39
2023 11.86
2022 49.09
2021 43.44
2020 14.52

About Rent The Financial Statements

Rent The shareholders use historical fundamental indicators, such as Days Payables Outstanding, 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
Days Payables Outstanding 11.86  40.39 

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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.