Fortune Valley Treasures, Inc. Quarterly Depreciation in USD from Q1 2017 to Q1 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/annual Depreciation history and growth rate from Q1 2017 to Q1 2024.
  • Fortune Valley Treasures, Inc. Depreciation for the quarter ending March 31, 2024 was $8.21K, a 19.4% decline year-over-year.
  • Fortune Valley Treasures, Inc. annual Depreciation for 2023 was $34.3K, a 25.9% decline from 2022.
  • Fortune Valley Treasures, Inc. annual Depreciation for 2022 was $46.3K, a 89.2% increase from 2021.
  • Fortune Valley Treasures, Inc. annual Depreciation for 2021 was $24.5K, a 8.46% increase from 2020.
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $8.21K -$1.98K -19.4% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-20
Q1 2023 $10.2K -$2.28K -18.3% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-20
Q1 2022 $12.5K +$7.52K +152% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q1 2021 $4.95K -$1.88K -27.5% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-16
Q1 2020 $6.83K +$6.55K +2374% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-14
Q1 2019 $276 -$1.47K -84.2% Jan 1, 2019 Mar 31, 2019 10-Q 2019-05-15
Q1 2018 $1.75K +$133 +8.23% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-15
Q1 2017 $1.62K Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.