RAY (Raytech Holding) Receivables Turnover: 6.64 (As of Sep. 2025)


RAY Raytech Holding Ltd RAY
24 GF Score
Price $2.92
! 1 Warning Sign
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What is Raytech Holding Receivables Turnover?

Raytech Holding RAY -2.51% 24 Receivables Turnover is 6.64 as of Sep. 2025. GuruFocus rates RAY with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,940 Consumer Packaged Goods companies, Raytech Holding ranks worse than 53.66% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Raytech Holding's Revenue for the six months ended in Sep. 2025 was $4.83 Mil. Raytech Holding's average Accounts Receivable for the six months ended in Sep. 2025 was $0.73 Mil. Hence, Raytech Holding's Receivables Turnover for the six months ended in Sep. 2025 was 6.64.


Raytech Holding  (NAS:RAY) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Raytech Holding Receivables Turnover Related Terms


Raytech Holding Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Raytech Holding's Receivables Turnover 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 Receivables Turnover Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
18.00 11.85 7.20 6.28 6.96

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 3.09 3.09 3.29 6.64

RAY vs DQWS, PURE, TANH: Receivables Turnover Comparison

For the Household & Personal Products subindustry, Raytech Holding's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Raytech Holding Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Raytech Holding's Receivables Turnover falls into.


RAY
24GF Score
Raytech Holding Ltd RAY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Raytech Holding Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Raytech Holding's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=10.13 / ((1.861 + 1.048) / 2 )
=10.13 / 1.4545
=6.96

Raytech Holding's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=4.827 / ((1.048 + 0.407) / 2 )
=4.827 / 0.7275
=6.64

* 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 Receivables Turnover →
What does a Receivables Turnover of 6.64 mean?
Raytech Holding (RAY) has a Receivables Turnover of 6.64 as of Sep. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Raytech Holding and its competitors. According to the industry distribution chart, Raytech Holding ranks #1041 out of 1940 companies in the Consumer Packaged Goods industry, placing it in the top 53.7%.
Is Raytech Holding's Receivables Turnover too high?
Raytech Holding's current Receivables Turnover is 6.64. The Consumer Packaged Goods industry median Receivables Turnover is 9.36. Raytech Holding's value of 6.64 is 29% below this industry median. Based on the distribution chart, Raytech Holding ranks #1041 out of 1940 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. 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 Receivables Turnover compare to DQWS and PURE?
According to the Consumer Packaged Goods industry distribution chart, Raytech Holding ranks #1041 out of 1940 companies for Receivables Turnover. This places Raytech Holding in the lower half of its industry. The industry median Receivables Turnover is 9.36. Raytech Holding's value of 6.64 is 29% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.36, based on 1,940 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raytech Holding's current Receivables Turnover of 6.64 is 29% below 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Raytech Holding and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytech Holding's current Receivables Turnover is 6.64. 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 Receivables Turnover of 6.64. The current Receivables Turnover is 6.64 and 29% below the Consumer Packaged Goods industry median of 9.36. Raytech Holding's overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Raytech Holding (RAY), the current Receivables Turnover is 6.64 as of Sep. 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.

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

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$2.92
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