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NextEra Energy Partners LP (NextEra Energy Partners LP) Change In Inventory : $0 Mil (TTM As of Mar. 2024)


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What is NextEra Energy Partners LP Change In Inventory?

NextEra Energy Partners LP's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means NextEra Energy Partners LP's inventory stayed the same from Dec. 2023 to Mar. 2024 .

NextEra Energy Partners LP's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means NextEra Energy Partners LP's inventory stayed the same from Dec. 2022 to Dec. 2023 .

NextEra Energy Partners LP's Total Inventories for the quarter that ended in Mar. 2024 was $88 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NextEra Energy Partners LP's Days Inventory for the quarter that ended in Mar. 2024 was 63.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. NextEra Energy Partners LP's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.45.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. NextEra Energy Partners LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.

NextEra Energy Partners LP Change In Inventory Historical Data

The historical data trend for NextEra Energy Partners LP's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NextEra Energy Partners LP Change In Inventory Chart

NextEra Energy Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
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NextEra Energy Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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NextEra Energy Partners LP Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NextEra Energy Partners LP  (NYSE:NEP) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

NextEra Energy Partners LP's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=85/123*365 / 4
=63.06

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

NextEra Energy Partners LP's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=123 / 85
=1.45

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

NextEra Energy Partners LP's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=85 / 257
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NextEra Energy Partners LP Change In Inventory Related Terms

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NextEra Energy Partners LP (NextEra Energy Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NextEra Energy Partners LP (NYSE:NEP) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
Website
http://www.nexteraenergypartners.com
NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.
Executives
Peter H Kind director ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102
Michael Dunne officer: Treasurer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Crews Terrell Kirk Ii officer: Chief Financial Officer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
James Michael May officer: Controller/CAO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum director, officer: President 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Charles E Sieving officer: General Counsel C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Rebecca J Kujawa director, officer: Chief Financial Officer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
James L Robo director, officer: Chairman & CEO 3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Paul I Cutler officer: Treasurer & Asst. Sec C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark E Hickson director, officer: EVP, Strategy & Corp Dev 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Susan D Austin director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Armando Jr Pimentel director, officer: President of GP C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
James N. Suciu director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Nextera Energy Partners, Lp director 700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408