Fortune Valley Treasures Inc 's ability to collect accounts receivable sequentially worsen to 0.68, indicating more challenging environment then in the first quarter 2024, but still, it is a far cry from any concerns. Fortune Valley Treasures Inc 's Accounts Receivable average collection period in the Jun 30 2024 quarter, has increased to 537 days, from 410 days, in the Mar 31 2024 quarter.

If we take a look into Retail sector 190 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2629, from overall ranking in the first quarter 2024 at 3145.

What is Receivable Turnover Ratio?
What is Fortune Valley Treasures Inc Selling?

What is Receivable Turnover Ratio?

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FVTI Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter
Y / Y Receivable Change	-59.86 %	-47.29 %	-14.56 %	88.61 %	181.42 %
Y / Y Revenue Change	-84.89 %	-90.16 %	-85.63 %	-45.53 %	29.6 %
Receivable Turnover Ratio (TTM)	0.68	0.89	1.32	1.81	2.33
FVTI's Total Ranking	# 2629	# 3145	# 3149	# 0	#
Accounts Receivable average collection period days	534	409	277	202	157
Seq. Receivable Change	-14.76 %	-18.91 %	-38.87 %	-4.99 %	11.93 %
Seq. Revenue Change	-7.75 %	-36.07 %	-67.08 %	-22.18 %	-39.89 %

Receivable Turnover Company Ranking
Within:	No.
Specialty Retail Industry	# 43
Retail Sector	# 191
Overall Market	# 2629

Receivable Turnover Ratio Statistics
High	Average	Low
1.04	0.67	0.16
(Jun 30 2020)		(Sep 30 2020)

FVTI Company Profile • Back to FVTI Efficiency Comparisons • Compare FVTI Receivables Turnover Ratio to its Competitors

Financial Statements
Fortune Valley Treasures Inc 's Accounts Receivable	$ 2 Millions	Visit FVTI's Balance sheet
Fortune Valley Treasures Inc 's Sales TTM	$ 2 Millions	Visit FVTI's Income Statement
Sources of FVTI's Revenues		Visit FVTI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Specialty Retail Industry Accounts Receivable Turnover Trends and Statistics
Retail Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
FVTI's Receivable Turnover Ratio versus Specialty Retail Industry, Retail Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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FVTI's Growth Rates	FVTI's Roa	FVTI's Inventory Turnover Ratio	FVTI's Dividend Comparisons
FVTI's Profitability Ratios	FVTI's Roi	FVTI's Asset Turnover Ratio	FVTI's Dividend Growth
FVTI's Valuation Ratios	FVTI's Roe	FVTI's Financial Strength Ratios	FVTI's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Retail Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Cuentas Inc	2.77	$ 2.915 Millions	$ 1.052 Millions
Cosmos Health Inc	2.65	$ 56.455 Millions	$ 21.344 Millions
Insight Enterprises Inc	2.52	$ 9,043.313 Millions	$ 3,589.260 Millions
Climb Global Solutions Inc	2.08	$ 369.154 Millions	$ 177.549 Millions
Carmax Inc	1.50	$ 25,962.374 Millions	$ 17,319.902 Millions
America s Car mart Inc	1.24	$ 1,373.632 Millions	$ 1,105.105 Millions
Fortune Valley Treasures Inc	0.68	$ 2.206 Millions	$ 3.226 Millions
Openlane inc	0.63	$ 1,655.700 Millions	$ 2,616.950 Millions
Can B Corp	0.29	$ 1.244 Millions	$ 4.335 Millions

Date modified: 2026-09-08T15:11:19+00:00

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