Nextera Energy Inc (NEE)
Working capital turnover
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 24,781,000 | 24,918,000 | 24,118,000 | 23,718,000 | 23,036,000 | 22,192,000 | 21,192,000 | 19,992,000 | 19,023,000 | 18,232,000 | 17,732,000 | 17,132,000 | 17,020,000 | 17,353,000 | 17,353,000 | 17,753,000 | 17,619,000 | 17,792,000 | 17,010,000 | 16,034,000 |
Total current assets | US$ in thousands | 15,361,000 | 14,244,000 | 13,122,000 | 13,549,000 | 13,490,000 | 12,891,000 | 14,332,000 | 10,988,000 | 9,288,000 | 9,572,000 | 8,061,000 | 8,237,000 | 7,382,000 | 9,026,000 | 7,581,000 | 9,725,000 | 7,408,000 | 7,679,000 | 7,471,000 | 8,222,000 |
Total current liabilities | US$ in thousands | 27,963,000 | 28,496,000 | 24,871,000 | 25,377,000 | 26,695,000 | 27,793,000 | 26,821,000 | 22,423,000 | 17,437,000 | 20,456,000 | 16,818,000 | 15,783,000 | 15,558,000 | 15,712,000 | 12,365,000 | 13,722,000 | 13,853,000 | 13,314,000 | 14,412,000 | 17,926,000 |
Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $24,781,000K ÷ ($15,361,000K – $27,963,000K)
= —
I'm sorry, but I cannot provide a detailed analysis of NextEra Energy Inc's working capital turnover without the specific data for the ratios in each quarter as shown in the table. The working capital turnover ratio is calculated by dividing revenues by average working capital, and it indicates how effectively a company is using its working capital to generate sales. Once you provide the necessary data, I'd be happy to provide a detailed analysis for you.
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Nextera Energy Inc
NEE
—
American Electric Power Company Inc
AEP
—
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—
CenterPoint Energy Inc
CNP
—
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2.01
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12.58
Dominion Energy Inc
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15.80
DTE Energy Company
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—
Edison International
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Entergy Corporation
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—
Eversource Energy
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—