Erayak Power Solution (RAYA) Payables (2021 - 2025)
Erayak Power Solution's (RAYA) quarterly Payables came in at $14.4 million in Q4 2025, up 53.25% year-on-year from $9.4 million in Q4 2024, and down 100.0% quarter-over-quarter from $10099.6 billion 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.
- On a quarterly basis, Payables rose 53.25% year-over-year to $14.4 million in Q4 2025; TTM through Dec 2025 was $14.4 million, a 53.25% increase from a year earlier, with the FY2025 full-year figure at $14.4 million, up 53.25% from the prior year.
- Payables declined to $14.4 million in Q4 2025 per RAYA's latest filing, from $10099.6 billion in the prior quarter.
- Across five years, Payables topped out at $10099.6 billion in Q2 2025 and bottomed at $5.8 million in Q4 2023.
- The 5-year median for Payables is $9.6 million (2021), against an average of $1262.5 billion.
- Across the five-year window, Payables plunged 47.43% in 2023 and soared 111924263.98% in 2025, its largest moves.
- Year by year, Payables stood at $9.9 million in 2021, then climbed by 10.58% to $11.0 million in 2022, then plunged by 47.43% to $5.8 million in 2023, then surged by 63.05% to $9.4 million in 2024, then surged by 53.25% to $14.4 million in 2025.
- Per Business Quant, the three latest RAYA Payables figures stand at $14.4 million (Q4 2025), $10099.6 billion (Q2 2025), and $9.4 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 8.12 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 1.95 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 241.65 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 605.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 422.00 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 272.10 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 363.90 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 75.14 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 383.39 Mn |
| 10 | Erayak Power Solution | 18,944.10 | -6.37 Mn | - | 14.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.39 Mn |
| Jun 30, 2025 | 10,099.59 Bn |
| 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 |