Fortune Valley Treasures, Inc. (FVTI) Receivables (2017 - 2024)
Fortune Valley Treasures' Receivables came in at $2.16 million for Q2 2024, down 60.5% from $5.46 million a year earlier and down 14.8% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Receivables (2017 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures' Receivables was $3.12 million, down 36.9% from FY2022.
- Receivables carries a five-year compound annual growth rate of 118.9% (FY2018 to FY2023).
- Going back by year, Receivables was $4.94 million in FY2022 (+81.8%), $2.72 million in FY2021 (-21.2%), $3.45 million in FY2020 and $292.00 in FY2019 (-99.5%).
- The Q2 2024 figure represents the lowest quarterly Receivables since Q1 2022.
- Year-over-year, Receivables has declined for three consecutive quarters, with growth averaging 38.4% over the last eight quarters.
- The fastest year-over-year change in Receivables over five years came in Q3 2021 (growth of 736.7%), and the weakest in Q4 2019 (a decline of 99.5%).
- Business Quant data shows FVTI's Receivables at $2.53 million (Q1 2024), $3.12 million (Q4 2023) and $4.82 million (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 2.16 Mn |
| Mar 31, 2024 | 2.53 Mn |
| Dec 31, 2023 | 3.12 Mn |
| Sep 30, 2023 | 4.82 Mn |
| Jun 30, 2023 | 5.46 Mn |
| Mar 31, 2023 | 5.37 Mn |
| Dec 31, 2022 | 4.94 Mn |
| Sep 30, 2022 | 3.77 Mn |
| Jun 30, 2022 | 2.76 Mn |
| Mar 31, 2022 | 2.03 Mn |
| Dec 31, 2021 | 2.72 Mn |
| Sep 30, 2021 | 2.03 Mn |
| Jun 30, 2021 | 1.22 Mn |
| Mar 31, 2021 | 1.28 Mn |
| Dec 31, 2020 | 2.71 Mn |
| Sep 30, 2020 | 242,632.00 |
| Jun 30, 2020 | 77,378.00 |
| Mar 31, 2020 | 32,142.00 |
| Dec 31, 2019 | 292.00 |
| Sep 30, 2019 | 59,395.00 |
Fortune Valley Treasures, Inc. 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=receivables&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=receivables&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();