Spire Inc (SR)

Cash conversion cycle

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Days of inventory on hand (DOH) days 59.80 57.36 112.22 78.84
Days of sales outstanding (DSO) days 40.74 42.51 106.92 98.86
Number of days of payables days 167.18 53.75 51.95 164.07 105.95
Cash conversion cycle days -167.18 46.79 47.92 55.07 71.75

September 30, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – 167.18
= -167.18


Peer comparison

Sep 30, 2025

Company name
Symbol
Cash conversion cycle
Spire Inc
SR
-167.18
Atmos Energy Corporation
ATO
29.14