Fortune Valley Treasures, Inc. (FVTI) Change in Receivables (2017 - 2024)
Fortune Valley Treasures (FVTI) reported Change in Receivables of $117,473 for Q2 2024, down 66.4% from $350,053 a year earlier but up 12.1% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Change in Receivables (2017 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Fortune Valley Treasures' Change in Receivables came in at -$505,994; for FY2023, it came in at $168,106, down 93.0% from FY2022.
- Change in Receivables has a five-year compound annual growth rate of 108.2% (FY2018 to FY2023).
- By year, Change in Receivables came in at $2.42 million in FY2022, $124,843 in FY2021 (-94.6%), $2.31 million in FY2020 and -$7,512 in FY2019.
- Five-year quarterly Change in Receivables spans a low of -$1.29 million in Q1 2021 and a high of $2.19 million in Q4 2020.
- Year over year, Change in Receivables gained in two of the last five quarters, with an average decline of 19.1%.
- The high point for year-over-year Change in Receivables in five years was Q3 2021 (growth of 880.6%); the low point was Q1 2024 (a decline of 80.8%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $104,830 (Q1 2024), -$106,078 (Q4 2023) and -$622,219 (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 117,473.00 |
| Mar 31, 2024 | 104,830.00 |
| Dec 31, 2023 | -106,078.00 |
| Sep 30, 2023 | -622,219.00 |
| Jun 30, 2023 | 350,053.00 |
| Mar 31, 2023 | 546,350.00 |
| Dec 31, 2022 | 1.04 Mn |
| Sep 30, 2022 | 1.19 Mn |
| Jun 30, 2022 | 971,118.00 |
| Mar 31, 2022 | -785,262.00 |
| Dec 31, 2021 | 619,195.00 |
| Sep 30, 2021 | 808,156.00 |
| Jun 30, 2021 | -11,804.00 |
| Mar 31, 2021 | -1.29 Mn |
| Dec 31, 2020 | 2.19 Mn |
| Sep 30, 2020 | 82,416.00 |
| Jun 30, 2020 | 22,618.00 |
| Mar 31, 2020 | 16,136.00 |
| Dec 31, 2019 | -5,062.00 |
| Sep 30, 2019 | 1,434.00 |
Fortune Valley Treasures, Inc. Change in Receivables 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=change-in-receivables&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();