Depreciation of Fortune Valley Treasures, Inc. from 31 Mar 2017 to 31 Mar 2024

Taxonomy & unit: us-gaap: USD
Description: The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary: Fortune Valley Treasures, Inc. quarterly and annual Depreciation in USD history and change rate from 31 Mar 2017 to 31 Mar 2024.
Fortune Valley Treasures, Inc. Depreciation for the quarter ending 31 Mar 2024 was $8,207, a 19% decline year-over-year.
Fortune Valley Treasures, Inc. annual Depreciation for 2023 was $34,332, a 26% decline from 2022.
Fortune Valley Treasures, Inc. annual Depreciation for 2022 was $46,344, a 89% increase from 2021.
Fortune Valley Treasures, Inc. annual Depreciation for 2021 was $24,500, a 8.5% increase from 2020.
Source SEC data: View on sec.gov

Depreciation, Quarterly (USD)

Depreciation, YoY Quarterly Change (%)

Depreciation, Annual (USD)

Depreciation, YoY Annual Change (%)

Fortune Valley Treasures, Inc. Quarterly Depreciation (USD)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed	Fiscal Year	Fiscal Period
Q1 2024	$8,207	-$1,976	-19%	01 Jan 2024	31 Mar 2024	10-Q	20 May 2024	2024	Q1
Q1 2023	$10,183	-$2,283	-18%	01 Jan 2023	31 Mar 2023	10-Q	20 May 2024	2024	Q1
Q1 2022	$12,466	+$7,516	+152%	01 Jan 2022	31 Mar 2022	10-Q	15 May 2023	2023	Q1
Q1 2021	$4,950	-$1,879	-28%	01 Jan 2021	31 Mar 2021	10-Q	16 May 2022	2022	Q1
Q1 2020	$6,829	+$6,553	+2374%	01 Jan 2020	31 Mar 2020	10-Q	14 May 2021	2021	Q1
Q1 2019	$276	-$1,473	-84%	01 Jan 2019	31 Mar 2019	10-Q	15 May 2019	2019	Q1
Q1 2018	$1,749	+$133	+8.2%	01 Jan 2018	31 Mar 2018	10-Q	15 May 2019	2019	Q1
Q1 2017	$1,616			01 Jan 2017	31 Mar 2017	10-Q	21 May 2018	2018	Q1

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed	Fiscal Year	Fiscal Period
2023	$34,332	-$12,012	-26%	01 Jan 2023	31 Dec 2023	10-K	15 Apr 2024	2023	FY
2022	$46,344	+$21,844	+89%	01 Jan 2022	31 Dec 2022	10-K	15 Apr 2024	2023	FY
2021	$24,500	+$1,910	+8.5%	01 Jan 2021	31 Dec 2021	10-K	31 Mar 2023	2022	FY
2020	$22,590	+$21,518	+2007%	01 Jan 2020	31 Dec 2020	10-K	01 Apr 2022	2021	FY
2019	$1,072	-$2,854	-73%	01 Jan 2019	31 Dec 2019	10-K	26 Apr 2021	2020	FY
2018	$3,926	-$2,850	-42%	01 Jan 2018	31 Dec 2018	10-K	14 May 2020	2019	FY
2017	$6,776			01 Jan 2017	31 Dec 2017	10-K	02 Apr 2019	2018	FY

* An asterisk sign (*) next to the value indicates that the value is likely invalid.