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Fortune Valley Treasures Inc   (FVTI)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail

Fortune Valley Treasures Inc 's Working Capital Ratio

FVTI's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth




FVTI Working Capital Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities Change -18.47 % -27.12 % -31.15 % -13.97 % -81.29 %
Y / Y Current Assets Change 33.93 % 23.28 % 7.99 % 19.82 % 754.1 %
Working Capital Ratio MRQ 3.81 3.69 3.44 2.95 2.32
Overall Ranking # 1420 # 0 # 0 # 0 # 2614
Seq. Current Liabilities Change 18.3 % 3.42 % -18.21 % -18.53 % 5.76 %
Seq. Current Assets Change 21.94 % 10.99 % -4.61 % 3.74 % 12.24 %



Working Capital Ratio third quarter 2022 Comment
Fortune Valley Treasures Inc 's Current Assets grew by 21.94 % in the III. Quarter sequntially, faster than Current Liabilities, this led to improvement in Fortune Valley Treasures Inc 's Working Capital Ratio to 3.81, Working Capital Ratio remained below Fortune Valley Treasures Inc average.

Within Specialty Retail industry 9 other companies have achieved higher Working Capital Ratio than Fortune Valley Treasures Inc in third quarter 2022. While Working Capital Ratio total ranking has deteriorated compare to the prior quarter from 0 to 1420.

Explain Working Capital Ratio
Where is FVTI most successful ?
Working Capital Ratio FVTI on the trailing twelve month basis
Working Capital Ratio third quarter 2022 Company Ranking
Within: No.
Specialty Retail Industry # 10
Retail Sector # 23
Overall Market # 1420


Working Capital Ratio Statistics
High Average Low
3.81 1.21 0.05
(Sep 30 2022)   (Sep 30 2020)




Financial Statements
Fortune Valley Treasures Inc 's Current Liabilities $ 2 Millions Visit FVTI's Balance sheet
Fortune Valley Treasures Inc 's Current Assets $ 7 Millions Visit FVTI's Balance sheet
Source of FVTI's Sales Visit FVTI's Sales by Geography


Cumulative Fortune Valley Treasures Inc 's Working Capital Ratio

FVTI's Working Capital Ratio for the trailling 12 Months

FVTI Working Capital Ratio

(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities TTM Growth -18.47 % -27.12 % -31.15 % -13.97 % -81.29 %
Y / Y Current Assets TTM Growth 33.93 % 23.28 % 7.99 % 19.82 % 754.1 %
Working Capital Ratio TTM 3.47 3.02 2.65 2.39 2.21
Total Ranking TTM # 1197 # 1746 # 1913 # 2163 # 1945
Seq. Current Liabilities TTM Growth 18.3 % 3.42 % -18.21 % -18.53 % 5.76 %
Seq. Current Assets TTM Growth 21.94 % 10.99 % -4.61 % 3.74 % 12.24 %


TTM Working Capital Ratio Comment
On the trailing twelve months basis FVTI Current Assets average grew by 33.93 % in III. Quarter year on year, while Current Liabilities increased to $2 millions, this led to increase in in Fortune Valley Treasures Inc 's Working Capital Ratio to 3.47, Working Capital Ratio remained below FVTI average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operatig within Specialty Retail industry 5 other companies have achieved higher Working Capital Ratio than Fortune Valley Treasures Inc . While overall ranking remained unchanged compare to previous quarter at no. 1197.

Explain Working Capital Ratio
Where is FVTI most successful ?
Working Capital Ratio FVTI on the trailing twelve month basis

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Specialty Retail Industry # 6
Retail Sector # 14
Within the Market # 1197


TTM Working Capital Ratio Statistics
High Average Low
3.47 1.33 0.06
(Sep 30 2022)   (Sep 30 2020)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2022, within Specialty Retail Industry Working Capital RatioSep 30 2022 MRQ Current AssetsSep 30 2022 MRQ Current Liabilities
Firstcash Holdings Inc   6.48 $ 1,141.074  Millions$ 175.964  Millions
Takung Art Co Ltd  5.82 $ 67.333  Millions$ 11.577  Millions
Charles and Colvard Ltd   5.41 $ 31.650  Millions$ 5.854  Millions
Rent The Runway Inc   5.16 $ 194.900  Millions$ 37.800  Millions
Envela Corporation  4.38 $ 44.250  Millions$ 10.100  Millions
Evgo Inc   4.34 $ 322.810  Millions$ 74.327  Millions
Ezcorp Inc   4.21 $ 644.163  Millions$ 152.866  Millions
Fortune Valley Treasures Inc   3.81 $ 6.545  Millions$ 1.719  Millions
Rh  3.49 $ 3,266.457  Millions$ 935.176  Millions
Bark Inc   3.20 $ 356.604  Millions$ 111.325  Millions
Live Ventures Incorporated  2.79 $ 134.804  Millions$ 48.320  Millions
Brilliant Earth Group Inc   2.62 $ 203.249  Millions$ 77.593  Millions
Academy Sports And Outdoors Inc   2.22 $ 1,875.633  Millions$ 843.585  Millions
Sally Beauty Holdings inc   2.22 $ 1,132.401  Millions$ 510.180  Millions
Joann Inc   2.13 $ 854.100  Millions$ 400.500  Millions
Winmark Corporation  2.12 $ 21.202  Millions$ 9.998  Millions
Virco Mfg Corporation  2.07 $ 89.547  Millions$ 43.219  Millions
Therealreal Inc   2.06 $ 399.261  Millions$ 194.089  Millions
Arko Corp   2.01 $ 744.814  Millions$ 370.801  Millions
Kirkland s Inc   1.95 $ 144.686  Millions$ 74.184  Millions
The Lovesac Company  1.81 $ 215.537  Millions$ 118.997  Millions
Dick s Sporting Goods inc   1.81 $ 4,986.462  Millions$ 2,762.130  Millions
Titan Machinery Inc   1.74 $ 803.703  Millions$ 462.697  Millions
Kaspien Holdings Inc   1.73 $ 42.782  Millions$ 24.738  Millions
Sunstock Inc   1.67 $ 1.477  Millions$ 0.882  Millions
Plby Group Inc   1.66 $ 128.053  Millions$ 76.924  Millions
Ulta Beauty Inc   1.62 $ 2,745.815  Millions$ 1,697.771  Millions
Haverty Furniture Companies Inc  1.61 $ 310.087  Millions$ 192.746  Millions
A mark Precious Metals Inc   1.59 $ 979.260  Millions$ 615.464  Millions
Barnes and Noble Education Inc   1.58 $ 704.987  Millions$ 444.857  Millions

Date modified: 2022-11-27T19:59:02+00:00

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