Fortune Valley Treasures, Inc. (FVTI) Receivables - Net (2017 - 2024)
Fortune Valley Treasures' Receivables - Net 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 - Net (2017 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures' Receivables - Net was $3.12 million, down 35.0% from FY2022.
- Receivables - Net carries a five-year compound annual growth rate of 232.2% (FY2018 to FY2023).
- Going back by year, Receivables - Net was $4.8 million in FY2022 (+80.2%), $2.66 million in FY2021 (+7.9%), $2.47 million in FY2020 and $146.00 in FY2019 (-98.1%).
- The Q2 2024 figure represents the lowest quarterly Receivables - Net since Q1 2022.
- Year-over-year, Receivables - Net has declined for three consecutive quarters, with growth averaging 41.7% over the last eight quarters.
- The fastest year-over-year change in Receivables - Net over five years came in Q2 2020 (growth of 899.5%), and the weakest in Q4 2019 (a decline of 98.1%).
- Business Quant data shows FVTI's Receivables - Net 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 | 4.80 Mn |
| Sep 30, 2022 | 3.65 Mn |
| Jun 30, 2022 | 2.70 Mn |
| Mar 31, 2022 | 1.88 Mn |
| Dec 31, 2021 | 2.66 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | 1.19 Mn |
| Mar 31, 2021 | 1.18 Mn |
| Dec 31, 2020 | 2.47 Mn |
| Sep 30, 2020 | 121,316.00 |
| Jun 30, 2020 | 38,689.00 |
| Mar 31, 2020 | 16,071.00 |
| Dec 31, 2019 | 146.00 |
| Sep 30, 2019 | 5,051.00 |
Fortune Valley Treasures, Inc. Receivables - Net 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-net&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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-net&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();