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Fortune Valley Treasures COGS-to-Revenue

: 0.41 (As of Mar. 2022)
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Fortune Valley Treasures's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.52 Mil. Its Revenue for the three months ended in Mar. 2022 was $1.26 Mil.

Fortune Valley Treasures's COGS to Revenue for the three months ended in Mar. 2022 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fortune Valley Treasures's Gross Margin % for the three months ended in Mar. 2022 was 58.95%.


Fortune Valley Treasures COGS-to-Revenue Historical Data

The historical data trend for Fortune Valley Treasures's COGS-to-Revenue 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
COGS-to-Revenue
Premium Member Only Premium Member Only - 0.48 0.79 0.33 0.46

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
COGS-to-Revenue 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 0.44 0.44 0.44 0.49 0.41

Fortune Valley Treasures COGS-to-Revenue Calculation

Fortune Valley Treasures's COGS to Revenue for the fiscal year that ended in Dec. 2021 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=3.66 / 8.022
=0.46

Fortune Valley Treasures's COGS to Revenue for the quarter that ended in Mar. 2022 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=0.518 / 1.262
=0.41

* 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) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Fortune Valley Treasures's Gross Margin % for the three months ended in Mar. 2022 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 0.518 / 1.262
=58.95 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.


Fortune Valley Treasures COGS-to-Revenue Related Terms

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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

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