Fortune Valley Treasures (Fortune Valley Treasures) Days Sales Outstanding : 808.18 (As of Dec. 2023)

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What is Fortune Valley Treasures Days Sales Outstanding?

Fortune Valley Treasures's average Accounts Receivable for the three months ended in Dec. 2023 was $3.71 Mil. Fortune Valley Treasures's Revenue for the three months ended in Dec. 2023 was $0.42 Mil. Hence, Fortune Valley Treasures's Days Sales Outstanding for the three months ended in Dec. 2023 was 808.18.

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: 132.08 Max: 390.96
Current: 390.96

During the past 9 years, Fortune Valley Treasures's highest Days Sales Outstanding was 390.96. The lowest was 10.62. And the median was 132.08.

FVTI's Days Sales Outstanding is ranked worse than
99.52% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 43.92 vs FVTI: 390.96

Fortune Valley Treasures's Days Sales Outstanding increased from Dec. 2022 (141.67) to Dec. 2023 (808.18).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments 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.

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Fortune Valley Treasures Days Sales Outstanding Chart

Fortune Valley Treasures Annual Data

Trend

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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10.62

179.95

116.71

147.44

341.01

Fortune Valley Treasures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															141.67	283.74	375.32	471.54	808.18

Competitive Comparison of Fortune Valley Treasures's Days Sales Outstanding

For the Beverages - Wineries & Distilleries 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's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive 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. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4.798	+	3.119)	/	2 )	/	4.237	*	365
=	3.9585					/	4.237	*	365
=	341.01

Fortune Valley Treasures's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4.303	+	3.119)	/	2 )	/	0.419	*	365 / 4
=	3.711					/	0.419	*	365 / 4
=	808.18

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

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Fortune Valley Treasures (Fortune Valley Treasures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fortune Valley Treasures Inc (OTCPK:FVTI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139 Liansheng Road, B1601 Oriental Impression Building 2, Humen Town, Dongguan, Guangdong, CHN, 523900

Website

http://www.fvti.show

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 in the 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

Kaihong Lin	director, officer: CFO, Treasurer, Director	NO. 10 OF TUANJIE 2ND ROAD, BEICE, HUMEN, DONGGUAN, GUANGDONG F4 518000
Xinlong Shen	director, officer: CEO, CFO	19F, LIANHE TOWER, 1069 NANHAI AVE,, NANSHAN DISTRICT, SHENZHEN F4 518000

Fortune Valley Treasures (Fortune Valley Treasures) Headlines

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