Fortune Valley Treasures, Inc. (FVTI) Cash & Equivalents (2015 - 2024)
Fortune Valley Treasures (FVTI) reported Cash & Equivalents of $7,410 for Q2 2024, down 90.2% from $75,950 a year earlier and down 55.9% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Cash & Equivalents (2015 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures posted Cash & Equivalents of $288,255, up 74.0% from FY2022.
- Cash & Equivalents has a five-year compound annual growth rate of 57.2% (FY2018 to FY2023).
- By year, Cash & Equivalents came in at $165,685 in FY2022 (+34.5%), $123,163 in FY2021 (-50.7%), $249,837 in FY2020 (+555.1%) and $38,137 in FY2019 (+27.1%).
- The Q2 2024 figure ranks as the lowest quarterly Cash & Equivalents since Q3 2016.
- Year over year, Cash & Equivalents gained in three of the last eight quarters, with an average decline of 16.4%.
- The high point for year-over-year Cash & Equivalents in five years was Q4 2020 (growth of 555.1%); the low point was Q3 2023 (a decline of 94.5%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $16,785 (Q1 2024), $288,255 (Q4 2023) and $13,276 (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 7,410.00 |
| Mar 31, 2024 | 16,785.00 |
| Dec 31, 2023 | 288,255.00 |
| Sep 30, 2023 | 13,276.00 |
| Jun 30, 2023 | 75,950.00 |
| Mar 31, 2023 | 20,186.00 |
| Dec 31, 2022 | 165,685.00 |
| Sep 30, 2022 | 239,443.00 |
| Jun 30, 2022 | 85,326.00 |
| Mar 31, 2022 | 150,613.00 |
| Dec 31, 2021 | 123,163.00 |
| Sep 30, 2021 | 150,189.00 |
| Jun 30, 2021 | 420,400.00 |
| Mar 31, 2021 | 964,335.00 |
| Dec 31, 2020 | 249,837.00 |
| Sep 30, 2020 | 23,097.00 |
| Jun 30, 2020 | 13,976.00 |
| Mar 31, 2020 | 68,391.00 |
| Dec 31, 2019 | 38,137.00 |
| Sep 30, 2019 | 38,206.00 |
Fortune Valley Treasures, Inc. Cash & Equivalents 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=cash-and-equivalents&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();