Erayak Power Solution (RAYA) Payables (2021 - 2025)
Erayak Power Solution's quarterly Payables came in at $14.4 million in Q4 2025, up 666.38% year-on-year from $1.9 million in Q4 2024, and up 666.38% quarter-over-quarter from $1.9 million in Q4 2024.
Erayak Power Solution has reported Payables for 5 years, with the latest figure at $14.4 million in Q4 2025.
- For the quarter ending Q4 2025, Payables rose 666.38% year-over-year to $14.4 million; the trailing twelve-month figure through Dec 2025 stood at $14.4 million (up 666.38% YoY), and the FY2025 full-year result was $14.4 million, up 666.38% from the prior year.
- Payables for Q4 2025 stood at $14.4 million, up from $1.9 million in the prior quarter.
- The five-year high for Payables was $14.4 million in Q4 2025, with the low at $1.9 million in Q4 2024.
- Average Payables over 5 years is $8.6 million, with a median of $9.9 million recorded in 2021.
- Year-over-year, Payables sank 67.4% in 2024 and soared 666.38% in 2025.
- Tracing RAYA's Payables over 5 years: stood at $9.9 million in 2021, then grew by 10.58% to $11.0 million in 2022, then sank by 47.43% to $5.8 million in 2023, then slumped by 67.4% to $1.9 million in 2024, then soared by 666.38% to $14.4 million in 2025.
- The last three Payables figures came in at $14.4 million (Q4 2025), $1.9 million (Q4 2024), and $5.8 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.95 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 241.65 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 422.00 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 605.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 272.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 75.14 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 354.60 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 383.39 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 146.75 Mn |
| 10 | Erayak Power Solution | - | - | - | 14.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.39 Mn |
| Dec 31, 2024 | 1.88 Mn |
| Dec 31, 2023 | 5.76 Mn |
| Dec 31, 2022 | 10.96 Mn |
| Dec 31, 2021 | 9.91 Mn |