Nextera Energy Inc (NEE)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 17,019,000 | 28,114,000 | 20,956,000 | 17,069,000 | 17,997,000 |
| Total current assets | US$ in thousands | 11,951,000 | 15,361,000 | 13,490,000 | 9,288,000 | 7,382,000 |
| Total current liabilities | US$ in thousands | 25,355,000 | 27,963,000 | 26,695,000 | 17,437,000 | 15,558,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $17,019,000K ÷ ($11,951,000K – $25,355,000K)
= —
The data provided indicates that the working capital turnover ratio for Nextera Energy Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. The working capital turnover ratio is a measure of how efficiently a company utilizes its working capital to generate sales. A higher ratio typically indicates better efficiency in utilizing working capital to generate sales, while a lower ratio may suggest inefficiencies or excess working capital. Without specific values for the working capital turnover ratio, it is challenging to assess Nextera Energy Inc's efficiency in managing its working capital in relation to its sales turnover.
Peer comparison
Dec 31, 2024