Spire Inc (SR)

Working capital turnover

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	US$ in thousands	2,593,000	2,480,600	2,078,700	2,128,900	1,749,900
Total current assets	US$ in thousands	771,300	1,076,900	1,592,000	1,316,500	590,600
Total current liabilities	US$ in thousands	1,703,900	1,755,400	2,353,600	1,608,300	1,449,200
Working capital turnover		—	—	—	—	—

September 30, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,593,000K ÷ ($771,300K – $1,703,900K)
= —

To calculate Spire Inc's working capital turnover, we need to use the formula: Working Capital Turnover = Revenue / Average Working Capital. Unfortunately, the specific working capital turnover ratio is not provided in the table for any of the years. As a result, we are unable to analyze the trend or performance of Spire Inc's working capital turnover over the given period. Additional financial data would be required to calculate and evaluate this particular ratio for a more in-depth analysis.