Nextera Energy Inc (NEE)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 11,295,000 | 11,354,000 | 11,406,000 | 10,032,000 | 10,137,000 | 10,438,000 | 10,846,000 | 10,926,000 | 10,817,000 | 10,347,000 | 9,482,000 | 8,885,000 | 8,455,000 | 8,104,000 | 7,844,000 | 7,510,000 | 7,266,000 | 7,410,000 | 7,506,000 | 7,845,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $11,295,000K ÷ $—K
= —
The payables turnover ratio for Nextera Energy Inc is not provided in the data for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to average accounts payable. It indicates how many times a company pays off its average accounts payable balance over a specific period.
Without the specific values for accounts payable and cost of goods sold, it is not possible to calculate the payables turnover ratio for Nextera Energy Inc. This ratio is useful for assessing the company's ability to efficiently manage its payables and cash flows. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest potential liquidity issues or inefficiencies in managing accounts payable.
In order to perform a more in-depth analysis of Nextera Energy Inc's payables turnover ratio and its implications for the company's financial health and operational efficiency, one would need access to the necessary financial data such as accounts payable and cost of goods sold for the periods in question.
Peer comparison
Dec 31, 2024