Fortune Valley Treasures, Inc. (FVTI) Depreciation and Depletion (2017 - 2024)
Fortune Valley Treasures (FVTI) posted Depreciation and Depletion of $8,130 for Q2 2024, up 3.4% from $7,863 a year earlier but down 0.9% from the prior quarter.
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Fortune Valley Treasures, Inc. (FVTI) Depreciation and Depletion (2017 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Depreciation and Depletion at Fortune Valley Treasures was $32,623, down 33.1% year-over-year; for FY2023, it came in at $34,332, down 25.9% from FY2022.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 54.3% (FY2018 to FY2023).
- In prior years, Fortune Valley Treasures' Depreciation and Depletion was $46,344 in FY2022 (+89.2%), $24,500 in FY2021 (+8.5%), $22,590 in FY2020 and $1,072 in FY2019 (-72.7%).
- Quarterly Depreciation and Depletion has run from a low of $245.00 in Q3 2019 to a high of $17,182 in Q3 2022 over five years.
- On a year-over-year basis, Depreciation and Depletion increased in four of the last eight quarters, with growth averaging 49.9%.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q2 2021, with growth of 352.8%; the weakest was Q3 2023, with a decline of 52.7%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $8,207 (Q1 2024), $8,164 (Q4 2023) and $8,122 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 8,130.00 |
| Mar 31, 2024 | 8,207.00 |
| Dec 31, 2023 | 8,164.00 |
| Sep 30, 2023 | 8,122.00 |
| Jun 30, 2023 | 7,863.00 |
| Mar 31, 2023 | 10,183.00 |
| Dec 31, 2022 | 13,515.00 |
| Sep 30, 2022 | 17,182.00 |
| Jun 30, 2022 | 3,181.00 |
| Mar 31, 2022 | 12,466.00 |
| Dec 31, 2021 | 10,483.00 |
| Sep 30, 2021 | 3,823.00 |
| Jun 30, 2021 | 5,244.00 |
| Mar 31, 2021 | 4,950.00 |
| Dec 31, 2020 | 8,123.00 |
| Sep 30, 2020 | 6,480.00 |
| Jun 30, 2020 | 1,158.00 |
| Mar 31, 2020 | 6,829.00 |
| Dec 31, 2019 | 281.00 |
| Sep 30, 2019 | 245.00 |
API Access
Fortune Valley Treasures, Inc. Depreciation and Depletion 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=depreciation-and-depletion&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();