Fortune Valley Treasures, Inc. (FVTI) Payables (2015 - 2024)
Fortune Valley Treasures (FVTI) posted Payables of $938,694 for Q2 2024, down 20.1% from $1.18 million a year earlier but up 2.1% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Payables (2015 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures' Payables came in at $1.04 million, down 6.3% from FY2022.
- Annual Payables shows a five-year compound annual growth rate of 84.8% (FY2018 to FY2023).
- In prior years, Fortune Valley Treasures' Payables was $1.11 million in FY2022 (+226.2%), $340,699 in FY2021 (+35.4%), $251,541 in FY2020 (+665.5%) and $32,860 in FY2019 (-31.9%).
- Quarterly Payables has run from a low of $31,522 in Q3 2019 to a high of $1.2 million in Q1 2023 over five years.
- On a year-over-year basis, Payables has declined in each of the last three quarters, with growth averaging 113.3% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2020, with growth of 665.5%; the weakest was Q4 2019, with a decline of 31.9%.
- According to Business Quant data, Payables for the three prior quarters was $919,831 (Q1 2024), $1.04 million (Q4 2023) and $1.14 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 938,694.00 |
| Mar 31, 2024 | 919,831.00 |
| Dec 31, 2023 | 1.04 Mn |
| Sep 30, 2023 | 1.14 Mn |
| Jun 30, 2023 | 1.18 Mn |
| Mar 31, 2023 | 1.20 Mn |
| Dec 31, 2022 | 1.11 Mn |
| Sep 30, 2022 | 568,246.00 |
| Jun 30, 2022 | 399,012.00 |
| Mar 31, 2022 | 261,247.00 |
| Dec 31, 2021 | 340,699.00 |
| Sep 30, 2021 | 321,528.00 |
| Jun 30, 2021 | 204,012.00 |
| Mar 31, 2021 | 141,087.00 |
| Dec 31, 2020 | 251,541.00 |
| Sep 30, 2020 | 197,934.00 |
| Jun 30, 2020 | 183,365.00 |
| Mar 31, 2020 | 188,357.00 |
| Dec 31, 2019 | 32,860.00 |
| Sep 30, 2019 | 31,522.00 |
Fortune Valley Treasures, Inc. Payables 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=payables&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();