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