Company / Accounts Receivable
Wetouch Technology Inc. Accounts Receivable History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$6.5M
FY2025
5-year range
$6.5M / $9.1M
FY2021-FY2025
Trend
-13.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Accounts Receivable has fluctuated over the past 6 years, ranging from $7M in FY2025 to $12M in FY2020.
Based on SEC 10-K filings.
$7M in FY2025 with a 5-year CAGR of -11.4%.
Declined from $7M to $7M over the past 2 years.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- -10.4%
- 5-Year CAGR
- -11.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -11.4%, indicating a declining trend.
- In FY2025, accounts receivable decreased 13.3% year-over-year.
- Peak accounts receivable was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 4.39 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.5M | -13.3% |
| FY2024 | $7.5M | +0.7% |
| FY2023 | $7.5M | -17.7% |
| FY2022 | $9.1M | +13.3% |
| FY2021 | $8.0M | -33.0% |
| FY2020 | $11.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026