Erayak Power Solution (RAYA) Payables (2021 - 2025)
Erayak Power Solution (RAYA) posted quarterly Payables of $14.4 million for Q4 2025, up 53.25% year-over-year from $9.4 million in Q4 2024, and up 42.5% quarter-over-quarter from $10.1 million in Q2 2025.
Erayak Power Solution (RAYA) Payables (2021 - 2025) Analysis & Trends
Erayak Power Solution's Payables history runs 5 years deep, the most recent figure standing at $14.4 million for Q4 2025.
- In Q4 2025, Payables rose 53.25% year-over-year to $14.4 million; the TTM figure through Dec 2025 stood at $14.4 million (up 53.25% YoY), while the FY2025 annual figure was $14.4 million, up 53.25% from the prior year.
- Payables for Q4 2025 stood at $14.4 million, up from $10.1 million in the prior quarter.
- The five-year high for Payables was $14.4 million in Q4 2025, with the low at $5.8 million in Q4 2023.
- The 5-year median for Payables is $9.6 million (2021), against an average of $9.8 million.
- The sharpest annual moves came in 2023 and 2024: Payables tumbled 47.43% in 2023, then soared 63.05% in 2024.
- Erayak Power Solution's Payables stood at $9.9 million in 2021, then advanced by 10.58% to $11.0 million in 2022, then sank by 47.43% to $5.8 million in 2023, then jumped by 63.05% to $9.4 million in 2024, then jumped by 53.25% to $14.4 million in 2025.
- Business Quant data shows RAYA's Payables at $14.4 million in Q4 2025, $10.1 million in Q2 2025, and $9.4 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 2.47 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 309.93 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 496.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 650.50 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 316.30 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 363.90 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 86.57 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 363.83 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 92.22 Mn |
| 10 | Erayak Power Solution | 114,655.50 | -6.53 Mn | - | 14.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.39 Mn |
| Jun 30, 2025 | 10.10 Mn |
| Dec 31, 2024 | 9.39 Mn |
| Jun 30, 2024 | 9.02 Mn |
| Dec 31, 2023 | 5.76 Mn |
| Jun 30, 2023 | 8.94 Mn |
| Dec 31, 2022 | 10.96 Mn |
| Dec 31, 2021 | 9.91 Mn |