Fortune Valley Treasures, Inc. (FVTI) Asset Utilization Ratio (2018 - 2024)
Fortune Valley Treasures' Asset Utilization Ratio was 0.38 in Q2 2024, down 60.2% from 0.95 a year earlier and down 24.8% from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Asset Utilization Ratio (2018 - 2024) Analysis & Trends
For FY2023, Asset Utilization Ratio at Fortune Valley Treasures came in at 0.55, down 38.1% from FY2022.
- In earlier years, Asset Utilization Ratio was 0.88 in FY2022 (+17.2%), 0.75 in FY2021 (-26.0%), 1.02 in FY2020 (-0.1%) and 1.02 in FY2019 (+311.4%).
- The Q2 2024 figure marks the lowest quarterly Asset Utilization Ratio since Q3 2020.
- Compared with a year earlier, Asset Utilization Ratio has declined for three straight quarters, with an average decline of 4.2% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2020 (growth of 296.4%); the worst was Q3 2020 (a decline of 83.1%).
- Per Business Quant data, FVTI's Asset Utilization Ratio in the three quarters before Q2 2024 was 0.50 (Q1 2024), 0.62 (Q4 2023) and 0.82 (Q3 2023).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.50 |
| Dec 31, 2023 | 0.62 |
| Sep 30, 2023 | 0.82 |
| Jun 30, 2023 | 0.95 |
| Mar 31, 2023 | 1.03 |
| Dec 31, 2022 | 0.86 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.70 |
| Mar 31, 2022 | 0.66 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.92 |
| Jun 30, 2021 | 0.81 |
| Mar 31, 2021 | 0.68 |
| Dec 31, 2020 | 0.48 |
| Sep 30, 2020 | 0.08 |
| Jun 30, 2020 | 1.03 |
| Mar 31, 2020 | 1.05 |
| Dec 31, 2019 | 1.02 |
| Sep 30, 2019 | 0.49 |
API Access
Fortune Valley Treasures, Inc. Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FVTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();