Fortune Valley Treasures, Inc. (FVTI) Current Assets (2015 - 2024)
Fortune Valley Treasures' Current Assets was $3.65 million in Q2 2024, down 46.2% from $6.79 million a year earlier and down 10.9% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Current Assets (2015 - 2024) Analysis & Trends
At the end of FY2023, Current Assets at Fortune Valley Treasures came in at $5.08 million, down 26.0% from FY2022.
- Current Assets shows a five-year compound annual growth rate of 71.9% (FY2018 to FY2023).
- In earlier years, Current Assets was $6.87 million in FY2022 (+35.5%), $5.07 million in FY2021 (+19.8%), $4.23 million in FY2020 and $73,970 in FY2019 (-78.1%).
- The Q2 2024 figure marks the lowest quarterly Current Assets since Q3 2020.
- Compared with a year earlier, Current Assets has declined for four straight quarters, with growth averaging 2.3% over the last eight quarters.
- The best year-over-year quarter for Current Assets over five years was Q3 2020 (growth of 102.9%); the worst was Q4 2019 (a decline of 78.1%).
- Per Business Quant data, FVTI's Current Assets in the three quarters before Q2 2024 was $4.1 million (Q1 2024), $5.08 million (Q4 2023) and $5.74 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 3.65 Mn |
| Mar 31, 2024 | 4.10 Mn |
| Dec 31, 2023 | 5.08 Mn |
| Sep 30, 2023 | 5.74 Mn |
| Jun 30, 2023 | 6.79 Mn |
| Mar 31, 2023 | 7.30 Mn |
| Dec 31, 2022 | 6.87 Mn |
| Sep 30, 2022 | 6.54 Mn |
| Jun 30, 2022 | 5.37 Mn |
| Mar 31, 2022 | 4.84 Mn |
| Dec 31, 2021 | 5.07 Mn |
| Sep 30, 2021 | 4.89 Mn |
| Jun 30, 2021 | 4.35 Mn |
| Mar 31, 2021 | 4.48 Mn |
| Dec 31, 2020 | 4.23 Mn |
| Sep 30, 2020 | 424,327.00 |
| Jun 30, 2020 | 104,553.00 |
| Mar 31, 2020 | 131,794.00 |
| Dec 31, 2019 | 73,970.00 |
| Sep 30, 2019 | 209,132.00 |
Fortune Valley Treasures, Inc. Current Assets 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=current-assets&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();