NextEra Energy (BSP:NEXT34) Days Payable

: 281.46 (As of Dec. 2023)

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NextEra Energy's average Accounts Payable for the three months ended in Dec. 2023 was R$37,285 Mil. NextEra Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was R$12,088 Mil. Hence, NextEra Energy's Days Payable for the three months ended in Dec. 2023 was 281.46.

The historical rank and industry rank for NextEra Energy's Days Payable or its related term are showing as below:

BSP:NEXT34' s Days Payable Range Over the Past 10 Years
Min: 53.26 Med: 153.62 Max: 302.71
Current: 260.7

During the past 13 years, NextEra Energy's highest Days Payable was 302.71. The lowest was 53.26. And the median was 153.62.

BSP:NEXT34's Days Payable is ranked better than
88.48% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.78 vs BSP:NEXT34: 260.70

NextEra Energy's Days Payable increased from Dec. 2022 (254.80) to Dec. 2023 (281.46). It may suggest that NextEra Energy delayed paying its suppliers.

NextEra Energy Days Payable Historical Data

The historical data trend for NextEra Energy's Days Payable 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

134.28

188.05

238.82

266.38

313.27

NextEra Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																254.80	278.73	242.24	212.03	281.46

Competitive Comparison

For the Utilities - Regulated Electric subindustry, NextEra Energy's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NextEra Energy Days Payable Distribution

For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where NextEra Energy's Days Payable falls into.

NextEra Energy Days Payable Calculation

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

NextEra Energy's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (43599.765	+	41667.899)	/	2 )	/	49674.172	*	365
=	42633.832					/	49674.172	*	365
=	313.27

NextEra Energy's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (32901.619	+	41667.899)	/	2 )	/	12087.806	*	365 / 4
=	37284.759					/	12087.806	*	365 / 4
=	281.46

NextEra Energy Days Payable Related Terms

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NextEra Energy (BSP:NEXT34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NextEra Energy Inc (BSP:NEXT34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NEEpR:USA NEE:USA NEE:Mexico FP3:Germany NEE:Austria

Address

700 Universe Boulevard, Juno Beach, FL, USA, 33408

Website

https://www.nexteraenergy.com

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.

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