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Fortune Valley Treasures Days Inventory

: 25.55 (As of Sep. 2021)
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Fortune Valley Treasures's Total Inventories for the three months ended in Sep. 2021 was $0.25 Mil. Fortune Valley Treasures's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.88 Mil. Hence, Fortune Valley Treasures's Days Inventory for the three months ended in Sep. 2021 was 25.55.

The historical rank and industry rank for Fortune Valley Treasures's Days Inventory or its related term are showing as below:

OTCPK:FVTI' s Days Inventory Range Over the Past 10 Years
Min: 15.71   Med: 223.9   Max: 1872.61
Current: 15.71

15.71
1872.61

During the past 6 years, Fortune Valley Treasures's highest Days Inventory was 1872.61. The lowest was 15.71. And the median was 223.90.

OTCPK:FVTI's Days Inventory is ranked higher than
93% of the 1047 Companies
in the Retail - Cyclical industry.

( Industry Median: 100.39 vs. OTCPK:FVTI: 15.71 )

Fortune Valley Treasures's Days Inventory increased from Sep. 2020 (15.76) to Sep. 2021 (25.55). It might indicate that Fortune Valley Treasures's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortune Valley Treasures's Inventory Turnover for the three months ended in Sep. 2021 was 3.57.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Fortune Valley Treasures's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.12.


Fortune Valley Treasures Days Inventory Historical Data

The historical data trend for Fortune Valley Treasures's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortune Valley Treasures Annual Data
Trend Aug15 Aug16 Aug17 Dec18 Dec19 Dec20
Days Inventory
Premium Member Only - - 1,872.61 223.90 18.98

Fortune Valley Treasures Quarterly Data
Nov16 Feb17 May17 Aug17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.76 6.51 17.00 15.04 25.55

Competitive Comparison

For the Specialty Retail subindustry, Fortune Valley Treasures's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Fortune Valley Treasures Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Fortune Valley Treasures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fortune Valley Treasures's Days Inventory falls into.



Fortune Valley Treasures Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Fortune Valley Treasures's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.029 + 0.145) / 2 ) / 1.673*365
=0.087 / 1.673*365
=18.98

Fortune Valley Treasures's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0.136 + 0.354) / 2 ) / 0.875*365 / 4
=0.245 / 0.875*365 / 4
=25.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fortune Valley Treasures  (OTCPK:FVTI) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Fortune Valley Treasures's Days Sales of Inventory for the three months ended in Sep. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=0.245/2.005*365 / 4
=11.15

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Fortune Valley Treasures's Inventory Turnover for the three months ended in Sep. 2021 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Fortune Valley Treasures's Inventory to Revenue for the three months ended in Sep. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Fortune Valley Treasures Days Inventory Related Terms

Thank you for viewing the detailed overview of Fortune Valley Treasures's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Valley Treasures Business Description

Fortune Valley Treasures logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 445310 SIC : 5921
Traded in Other Exchanges
N/A
Address
Qiaoxiang Road, Shahe Street, 13th Floor, Building B1, Wisdom Plaza, Nanshan District, Guangdong, Shenzhen, CHN, 518000
Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are into food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.
Executives
Lin Kaihong director, officer: CFO, Treasurer, Director NO. 10 OF TUANJIE 2ND ROAD BEICE, HUMEN DONGGUAN, GUANGDONG F4 518000
Shen Xinlong director, 10 percent owner, officer: CEO, CFO 19F, LIANHE TOWER, 1069 NANHAI AVE, NANSHAN DISTRICT SHENZHEN F4 518000

Fortune Valley Treasures Headlines

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