Spire Inc (SR)

Working capital turnover

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Revenue (ttm)	US$ in thousands	2,542,400	2,510,800	2,468,500	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
Total current assets	US$ in thousands	771,300	825,800	1,005,700	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
Total current liabilities	US$ in thousands	1,703,900	1,709,800	1,650,300	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
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

September 30, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,542,400K ÷ ($771,300K – $1,703,900K)
= —

The working capital turnover ratio for Spire Inc is not provided in the table. This ratio is typically calculated by dividing total net sales by average working capital over a specific period. A higher working capital turnover ratio indicates that the company is efficient in managing its working capital to generate sales. On the other hand, a low ratio may suggest inefficiencies in working capital management. Without the specific ratio values, a detailed analysis of Spire Inc's working capital turnover performance cannot be conducted. For a comprehensive assessment, it would be necessary to calculate the working capital turnover ratio using the company's financial data from the table.