RAY (Raytech Holding) Accounts Receivable: $8.66 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RAY Raytech Holding Ltd RAY
24 GF Score
Price $3.00
! 7 Warning Signs
View Full Analysis

What is Raytech Holding Accounts Receivable?

Raytech Holding RAY +8.69% 24 Accounts Receivable is $8.66 Mil as of Mar. 2026. GuruFocus rates RAY with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Raytech Holding's accounts receivables for the quarter that ended in Mar. 2026 was $8.66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Raytech Holding's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 117.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Raytech Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $1.99.


Raytech Holding Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Raytech Holding's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.659/13.422*91
=117.74

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Raytech Holding's accounts receivable are only considered to be worth 75% of book value:

Raytech Holding's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.97+0.75 * 8.659+0.5 * 0-11.05
-0-0)/2.725
=1.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Raytech Holding Accounts Receivable Related Terms


Raytech Holding Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Raytech Holding's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Raytech Holding Accounts Receivable Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial 0.75 0.87 1.86 1.05 8.66

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.86 1.73 1.05 0.41 8.66
RAY
24GF Score
Raytech Holding Ltd RAY
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raytech Holding Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $8.66 Mil mean?
Raytech Holding (RAY) has a Accounts Receivable of $8.66 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Raytech Holding and its competitors.
Is Raytech Holding's Accounts Receivable too high?
Raytech Holding's current Accounts Receivable is $8.66 Mil. Overall, Raytech Holding has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Raytech Holding's Accounts Receivable compare to ADTI and DSY?
Raytech Holding's Accounts Receivable of $8.66 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Raytech Holding and its competitors. Raytech Holding's current Accounts Receivable is $8.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytech Holding stock overvalued right now?
Raytech Holding (RAY) has a current Accounts Receivable of $8.66 Mil. The current Accounts Receivable is $8.66 Mil. Raytech Holding's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Raytech Holding (RAY), the current Accounts Receivable is $8.66 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raytech Holding Business Description

Address No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.
24GF Score

Get the complete analysis for RAY

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.00
Price