Spire Inc (SR)

Working capital turnover

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 2,416,200 2,524,200 2,541,800 2,588,700 2,365,900 2,078,700 2,060,900 1,943,100 2,168,800 2,128,900 2,093,600 2,087,400 1,696,600 1,749,900 1,748,800 1,775,400 1,890,600 1,952,400 1,966,000 1,995,300
Total current assets US$ in thousands 1,219,900 1,076,900 861,200 1,111,600 1,629,700 1,592,000 1,261,100 1,089,300 1,435,300 1,316,500 898,300 1,040,000 770,000 590,600 559,300 718,800 776,400 614,500 649,800 793,600
Total current liabilities US$ in thousands 2,210,500 1,755,400 1,530,400 1,406,900 2,404,700 2,353,600 1,749,900 1,395,800 1,720,700 1,608,300 1,291,800 1,507,500 1,546,700 1,449,200 1,107,800 1,152,500 1,252,500 1,468,800 1,219,600 1,336,700
Working capital turnover

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,416,200K ÷ ($1,219,900K – $2,210,500K)
= —

Unfortunately, the provided data does not include the value of working capital turnover for Spire Inc. across the indicated time periods. Without this specific information, a detailed analysis of Spire Inc.'s working capital turnover cannot be performed at this time. For a comprehensive evaluation, it would be necessary to calculate the working capital turnover ratio by dividing net sales by average working capital across the various quarters. This ratio would help assess how efficiently Spire Inc. is utilizing its working capital to generate sales revenue and provide insights into the company's operational efficiency.


Peer comparison

Dec 31, 2023