XML 50 R15.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

INVENTORIES, NET | 12 Months Ended
--- | ---
Dec. 31, 2023
INVENTORIES, NET |
INVENTORIES, NET | 7.INVENTORIES, NET The classification of inventory balance as of December 31, 2023 and 2022 is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | At lower of cost and net realizable value
​ | ​ | As of December 31,
​ |  | 2022 |  | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | USD
Raw materials |  | 12,096,176 |  | 14,557,976 |  | 609,988,100
Finished goods, including service parts |  | 3,733,281 |  | 8,577,754 |  | 359,413,140
Good in transit |  | 2,479,342 |  | 1,862,582 |  | 78,043,325
Work in progress |  | 2,976,984 |  | 3,420,292 |  | 143,312,327
Merchandises |  | 124,375 |  | 25,343 |  | 1,061,887
Tools and spare parts |  | 197,119 |  | 222,048 |  | 9,303,948
TOTAL |  | 21,607,277 |  | 28,665,995 |  | 1,201,122,727
​ As of December 31, 2023, inventories with the carrying value of VND936.3 billion (USD39.2 million) (2022: VND500 billion) are used as collateral for borrowings of the Group as presented in Note 11. Finished goods include vehicles, e-scooters and service parts. Battery leases accounted for as operating leases (Note 2(q)) are transferred to Property, Plant and Equipment once the lease commences (concurrently with the sales of vehicles). Out of the total amount recognized for inventories on December 31, 2023, inventories measured at cost amounted to VND36,572.7 billion (USD1,532.4 million) (2022: VND27,854.2 billion, 2021:VND9,208,796 million). Inventory write-downs recognized in cost of sales for the year ended 2023 were VND5,483.1 billion (USD229.7 million) (2022: VND5,143.9 billion, 2021: VND2,385,334 million).

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration