Quick Ratio of Fortune Valley Treasures, Inc. from 30 Sep 2018 to 30 Jun 2024

Taxonomy & unit
ratio: %
Description
The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
Summary
Fortune Valley Treasures, Inc. quarterly Quick Ratio in % history and change rate from 30 Sep 2018 to 30 Jun 2024.
  • Fortune Valley Treasures, Inc. Quick Ratio for the quarter ending 30 Jun 2024 was 1%, a 78% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Fortune Valley Treasures, Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q2 2024 1% -4% -78% 30 Jun 2024
Q1 2024 1% -5% -76% 31 Mar 2024
Q4 2023 2% -6% -74% 31 Dec 2023
Q3 2023 4% -5% -57% 30 Sep 2023
Q2 2023 5% -6% -56% 30 Jun 2023
Q1 2023 6% -4% -37% 31 Mar 2023
Q4 2022 8% -1% -6.9% 31 Dec 2022
Q3 2022 8% -1% -12% 30 Sep 2022
Q2 2022 11% +8% +253% 30 Jun 2022
Q1 2022 10% +7% +283% 31 Mar 2022
Q4 2021 9% +7% +320% 31 Dec 2021
Q3 2021 9% +8% +536% 30 Sep 2021
Q2 2021 3% -2% -36% 30 Jun 2021
Q1 2021 3% -6% -70% 31 Mar 2021
Q4 2020 2% -12% -85% 31 Dec 2020
Q3 2020 1% -19% -93% 30 Sep 2020
Q2 2020 5% -21% -82% 30 Jun 2020
Q1 2020 9% -23% -73% 31 Mar 2020
Q4 2019 14% -23% -62% 31 Dec 2019
Q3 2019 21% -21% -50% 30 Sep 2019
Q2 2019 26% 30 Jun 2019
Q1 2019 32% 31 Mar 2019
Q4 2018 37% 31 Dec 2018
Q3 2018 41% 30 Sep 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.