Rent Payables Turnover from 2010 to 2024

RENT Stock  USD 10.05  0.04  0.40%   
Rent The Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 9.04 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Rent the Runway pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
30.77586207
Current Value
9.03655155
Quarterly Volatility
5.98370376
 
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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 Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Rent the Runway over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Rent The's Payables Turnover 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.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Rent Payables Turnover Regression Statistics

Arithmetic Mean17.79
Geometric Mean16.69
Coefficient Of Variation33.63
Mean Deviation3.80
Median18.61
Standard Deviation5.98
Sample Variance35.80
Range23.3404
R-Value(0.19)
Mean Square Error37.17
R-Squared0.04
Significance0.50
Slope(0.25)
Total Sum of Squares501.27

Rent Payables Turnover History

2024 9.04
2023 30.78
2022 7.44
2021 8.4
2020 25.14

About Rent The Financial Statements

Rent The shareholders use historical fundamental indicators, such as Payables Turnover, 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
Payables Turnover 30.78  9.04 

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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.