Tuya (TUYA) Accounts Receivable : $9.2 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tuya Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tuya's accounts receivables for the quarter that ended in Dec. 2023 was $9.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tuya's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 13.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tuya's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $1.25.

Tuya Accounts Receivable Historical Data

The historical data trend for Tuya's Accounts Receivable 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.

Tuya Accounts Receivable Chart

Tuya Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

5.35

12.32

32.70

12.17

9.21

Tuya Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial												12.17	14.21	13.08	12.63	9.21

Tuya Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Tuya Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Tuya's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.214	/	64.411	*	91
=	13.05

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Tuya's accounts receivable are only considered to be worth 75% of book value:

Tuya's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(789.711	+	0.75 * 9.214	+	0.5 * 32.865	-	95.835
-	0	-	0)	/	574.593
=	1.25

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Tuya Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Tuya's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tuya (TUYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tuya Inc (NYSE:TUYA) » Definitions » Accounts Receivable

Comparable Companies

ATEN PGY YEXT BASE ZUO GB STER CINT RDWR PSFE MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

02391:Hong Kong 785:Germany

Address

Huace Center, 10th Floor, Building A, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012

Website

https://www.tuya.com

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.