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Tuya (TUYA) Accounts Payable & Accrued Expense : $45.8 Mil (As of Mar. 2024)


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What is Tuya Accounts Payable & Accrued Expense?

Tuya's quarterly accounts payable & accrued expense declined from Sep. 2023 ($41.8 Mil) to Dec. 2023 ($39.2 Mil) but then increased from Dec. 2023 ($39.2 Mil) to Mar. 2024 ($45.8 Mil).

Tuya's annual accounts payable & accrued expense declined from Dec. 2021 ($57.9 Mil) to Dec. 2022 ($36.1 Mil) but then increased from Dec. 2022 ($36.1 Mil) to Dec. 2023 ($39.2 Mil).


Tuya Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tuya's Accounts Payable & Accrued Expense 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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Tuya Accounts Payable & Accrued Expense Chart

Tuya Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
31.36 54.19 57.92 36.10 39.20

Tuya Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 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 34.33 42.18 41.76 39.20 45.85

Tuya Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Tuya (TUYA) Business Description

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Address
Huace Center, 10th Floor, Building A, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Tuya Inc is an IoT cloud development platform with a mission to build an IoT developer ecosystem and enable everything to be smart. The Company has pioneered a purpose-built IoT cloud development platform that delivers a full suite of offerings, including platform-as-a-service (PaaS) and Software-as-a-service (SaaS), to businesses and developers. Through its IoT cloud development platform, It has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a broad range of smart devices. The company's revenue is derived from the PRC.