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Fortune Valley Treasures Days Sales Outstanding

: 164.28 (As of Mar. 2022)
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Fortune Valley Treasures's average Accounts Receivable for the three months ended in Mar. 2022 was $2.27 Mil. Fortune Valley Treasures's Revenue for the three months ended in Mar. 2022 was $1.26 Mil. Hence, Fortune Valley Treasures's Days Sales Outstanding for the three months ended in Mar. 2022 was 164.28.

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

FVTI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.62   Med: 73.57   Max: 179.95
Current: 85.23

During the past 7 years, Fortune Valley Treasures's highest Days Sales Outstanding was 179.95. The lowest was 10.62. And the median was 73.57.

FVTI's Days Sales Outstanding is ranked worse than
90.56% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 16.98 vs FVTI: 85.23

Fortune Valley Treasures's Days Sales Outstanding increased from Mar. 2021 (101.30) to Mar. 2022 (164.28).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


Fortune Valley Treasures Days Sales Outstanding Historical Data

The historical data trend for Fortune Valley Treasures's Days Sales Outstanding 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 Dec21
Days Sales Outstanding
Premium Member Only Premium Member Only - 30.42 10.62 179.95 116.71

Fortune Valley Treasures Quarterly Data
May17 Aug17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Sales Outstanding 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 101.30 59.30 72.66 83.57 164.28

Competitive Comparison

For the Specialty Retail subindustry, Fortune Valley Treasures's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution

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

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



Fortune Valley Treasures Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Fortune Valley Treasures's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (2.468 + 2.662) / 2 ) / 8.022*365
=2.565 / 8.022*365
=116.71

Fortune Valley Treasures's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding (Q: Mar. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count ) / Revenue (A: Mar. 2022 )*Days in Period
=( (2.662 + 1.882) / 2 ) / 1.262*365 / 4
=2.272 / 1.262*365 / 4
=164.28

* 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 Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Fortune Valley Treasures Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Fortune Valley Treasures's Days Sales Outstanding 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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