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
DateValue
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