RAYA (Erayak Power Solution Group) Days Payable: 98.33 (As of Dec. 2025) — Near Median


RAYA Erayak Power Solution Group Inc RAYA
51 GF Score
Price $2.75
GF Value $2,184.63
Valuation Possible Value Trap
! 8 Warning Signs
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What is Erayak Power Solution Group Days Payable?

Erayak Power Solution Group RAYA -2.14% 51 Days Payable is 98.33 as of Dec. 2025, which is 7% below its 10-year median of 105.26. GuruFocus rates RAYA with a GF Score™ of 51/100 and a GF Value™ of $2,184.63 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,991 Industrial Products companies, Erayak Power Solution Group ranks better than 72.65% on this metric.

Erayak Power Solution Group's average Accounts Payable for the six months ended in Dec. 2025 was $5.91 Mil. Erayak Power Solution Group's Cost of Goods Sold for the six months ended in Dec. 2025 was $10.98 Mil. Hence, Erayak Power Solution Group's Days Payable for the six months ended in Dec. 2025 was 98.33.

The historical rank and industry rank for Erayak Power Solution Group's Days Payable or its related term are showing as below:

RAYA' s Days Payable Range Over the Past 10 Years
Min: 79.88   Med: 105.26   Max: 149.4
Current: 136.41

During the past 7 years, Erayak Power Solution Group's highest Days Payable was 149.40. The lowest was 79.88. And the median was 105.26.

RAYA's Days Payable is ranked better than
72.65% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs RAYA: 136.41

Erayak Power Solution Group's Days Payable increased from Dec. 2024 (95.85) to Dec. 2025 (98.33). It may suggest that Erayak Power Solution Group delayed paying its suppliers.


Erayak Power Solution Group Days Payable Historical Data

* Premium members only.

The historical data trend for Erayak Power Solution Group's Days Payable 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.

Erayak Power Solution Group Days Payable Chart

Erayak Power Solution Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 104.13 79.88 124.28 97.29 147.81

Erayak Power Solution Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.60 115.35 95.85 181.42 98.33

RAYA vs LNKS, CCTG, ELPW: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Erayak Power Solution Group Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Erayak Power Solution Group's Days Payable falls into.


RAYA
51GF Score
Erayak Power Solution Group Inc RAYA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Erayak Power Solution Group Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Erayak Power Solution Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (8.335 + 6.23) / 2 ) / 17.983*365
=7.2825 / 17.983*365
=147.81

Erayak Power Solution Group's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (5.598 + 6.23) / 2 ) / 10.976*365 / 2
=5.914 / 10.976*365 / 2
=98.33

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 98.33 mean?
Erayak Power Solution Group (RAYA) has a Days Payable of 98.33 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Erayak Power Solution Group and its competitors. This is near median its historical median of 105.26. Over the past decade, Erayak Power Solution Group's Days Payable has ranged from 79.88 to 149.40. According to the industry distribution chart, Erayak Power Solution Group ranks #818 out of 2991 companies in the Industrial Products industry, placing it in the top 27.3%.
Is Erayak Power Solution Group's Days Payable too high?
Erayak Power Solution Group's current Days Payable of 98.33 is near median its 10-year median of 105.26. Over the past 10 years, this metric has ranged from a low of 79.88 to a high of 149.40. The Industrial Products industry median Days Payable is 78.08. Erayak Power Solution Group's value of 98.33 is 25.9% above this industry median. Based on the distribution chart, Erayak Power Solution Group ranks #818 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Erayak Power Solution Group has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erayak Power Solution Group's Days Payable compare to LNKS and CCTG?
According to the Industrial Products industry distribution chart, Erayak Power Solution Group ranks #818 out of 2991 companies for Days Payable. This puts Erayak Power Solution Group in the upper half of its industry. The industry median Days Payable is 78.08. Erayak Power Solution Group's value of 98.33 is 25.9% above this benchmark. Historically, Erayak Power Solution Group's own Days Payable has ranged from 79.88 to 149.40 over the past decade. While the company's 10-year median is 105.26 vs. the industry median of 78.08, Erayak Power Solution Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erayak Power Solution Group's current Days Payable of 98.33 is 25.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Erayak Power Solution Group and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erayak Power Solution Group's current Days Payable is 98.33, which is near median its own 10-year median of 105.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erayak Power Solution Group stock overvalued right now?
Based on GuruFocus' analysis, Erayak Power Solution Group (RAYA) is currently considered Possible Value Trap. The stock's GF Value™ is $2,184.63, compared to a current price of $2.75 — trading 99.9% below its estimated fair value. The current Days Payable is 98.33, which is near median its 10-year median of 105.26 and 25.9% above the Industrial Products industry median of 78.08. Erayak Power Solution Group's overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Erayak Power Solution Group (RAYA), the current Days Payable is 98.33 as of Dec. 2025. 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.

Is Erayak Power Solution Group (RAYA) Overvalued in 2026?

Based on GuruFocus' analysis, Erayak Power Solution Group stock appears to be undervalued. The current stock price of $2.75 is trading 99.9% below its estimated GF Value™ of $2,184.63. GuruFocus considers Erayak Power Solution Group to be Possible Value Trap.

Key valuation signals for RAYA:

  • Days Payable: 98.33 (near median its 10-year median of 105.26)
  • GF Value™: $2,184.63 vs. price of $2.75 (99.9% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 25.9% above the Industrial Products median (#818 of 2991)

No single metric tells the full story. See the RAYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Erayak Power Solution Group Business Description

Address No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025
Erayak Power Solution Group Inc is engaged in the manufacturing, research and development (R&D), and wholesale and retail of power solution products. The group focuses on manufacturing new energy storage and inverter devices. Its product portfolio includes sine wave and off-grid inverters, inverters and gasoline generators, battery and smart chargers, and custom-designed products. The products are used principally in agricultural and industrial vehicles, recreational vehicles (RVs), electrical appliances, and outdoor living products. The company generates the majority of its revenue from Inverters. The company generates revenue from five main markets, which are China, Poland, Mexico, the U.K., and Portugal. It derives maximum revenue from China.
51GF Score

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

$2.75
Price
$2,184.63
GF Value