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