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Tuya (TUYA) Construction In Progress : $0.0 Mil (As of Dec. 2023)


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What is Tuya Construction In Progress?

Tuya's annual construction in progress increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.1 Mil) but then declined from Dec. 2022 ($0.1 Mil) to Dec. 2023 ($0.0 Mil).


Tuya Construction In Progress Historical Data

The historical data trend for Tuya's Construction In Progress 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 Construction In Progress Chart

Tuya Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
0.26 0.07 - 0.06 -

Tuya Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Construction In Progress 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 0.06 - - - -

Tuya Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Tuya (TUYA) Business Description

Industry
Traded in Other Exchanges
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.