Spire Inc (SR)

Working capital turnover

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	US$ in thousands	2,480,600	2,078,700	2,128,900	1,749,900	1,848,000
Total current assets	US$ in thousands	1,076,900	1,592,000	1,316,500	590,600	614,500
Total current liabilities	US$ in thousands	1,755,400	2,353,600	1,608,300	1,449,200	1,468,800
Working capital turnover		—	—	—	—	—

September 30, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,480,600K ÷ ($1,076,900K – $1,755,400K)
= —

As the working capital turnover ratio is not directly provided in the table, it can be calculated using the formula:

Working Capital Turnover = Revenue / Average Working Capital

Where:
Working Capital = Current Assets - Current Liabilities
Average Working Capital = (Working Capital at the beginning of the year + Working Capital at the end of the year) / 2

Unfortunately, without the specific data for revenue and the working capital components (current assets and current liabilities), that calculation is not possible. If you could provide the revenue, current assets, and current liabilities for the years listed, I would be able to calculate the working capital turnover and provide a detailed analysis.