Nextera Energy Inc (NEE)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 24,797,000 | 26,290,000 | 25,895,000 | 27,130,000 | 28,115,000 | 27,401,000 | 26,948,000 | 24,782,000 | 20,956,000 | 19,838,000 | 17,489,000 | 16,233,000 | 17,069,000 | 16,418,000 | 16,833,000 | 17,110,000 | 17,997,000 | 18,190,000 | 18,977,000 | 19,743,000 |
| Total current assets | US$ in thousands | 11,951,000 | 12,180,000 | 12,803,000 | 12,680,000 | 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 |
| Total current liabilities | US$ in thousands | 25,355,000 | 29,647,000 | 26,231,000 | 24,803,000 | 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 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $24,797,000K ÷ ($11,951,000K – $25,355,000K)
= —
Based on the provided data, Nextera Energy Inc's working capital turnover ratio is not available as the working capital turnover figures are not provided for the specified periods from March 31, 2020, to December 31, 2024.
The working capital turnover ratio is typically calculated by dividing net sales by average working capital. This ratio helps to assess how efficiently a company is utilizing its working capital to generate sales. A higher ratio indicates more effective utilization of working capital.
Without the specific working capital turnover figures for Nextera Energy Inc, it is not possible to analyze or interpret the company's efficiency in managing its working capital in relation to its sales during the given periods. It is important for stakeholders to have access to this ratio to make informed decisions about the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024