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NextEra Energy Inc (NYSE:NEE)
Days Payable
209.94 (As of Sep. 2016)

NextEra Energy Inc's payable for the six months ended in Sep. 2016 was $2,800 Mil. NextEra Energy Inc's cost of goods sold for the six months ended in Sep. 2016 was $1,217 Mil. Hence, NextEra Energy Inc's days payable for the six months ended in Sep. 2016 was 419.88.

NEE' s Days Payable Range Over the Past 10 Years
Min: 43.26   Max: 238.73
Current: 238.73

43.26
238.73

During the past 13 years, NextEra Energy Inc's highest Days Payable was 238.73. The lowest was 43.26. And the median was 67.61.

NEE's Days Payable is ranked higher than
92% of the 410 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 68.67 vs. NEE: 238.73 )

NextEra Energy Inc's days payable increased from Mar. 2016 (112.00) to Sep. 2016 (209.94). It may suggest that NextEra Energy Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

NextEra Energy Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2529/5327*365
=173.28

NextEra Energy Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2800/1217*365 / 2
=419.88

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

NextEra Energy Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 43.2653.6546.0848.9065.7369.4991.3088.3488.22173.28

NextEra Energy Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 98.0387.1797.6773.91105.19115.92196.23112.00168.62209.94
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