Spire (SR) Change In Inventory

: $96 Mil (TTM As of Dec. 2023)

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Spire's change in inventory for the quarter that ended in Dec. 2023 was $3 Mil. It means Spire's inventory declined by $3 Mil from Sep. 2023 to Dec. 2023 .

Spire's change in inventory for the fiscal year that ended in Sep. 2023 was $143 Mil. It means Spire's inventory declined by $143 Mil from Sep. 2022 to Sep. 2023 .

Spire's Total Inventories for the quarter that ended in Dec. 2023 was $277 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spire's Days Inventory for the quarter that ended in Dec. 2023 was 50.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spire's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.79.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Spire's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Spire Change In Inventory Historical Data

The historical data trend for Spire's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Spire Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

13.60

2.60

-111.00

-117.20

142.80

Spire Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																49.70	168.50	-38.90	-36.50	2.90

Spire Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $96 Mil.

Spire (NYSE:SR) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Spire's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	278.05	/	497.7	*	365 / 4
	=	50.98

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Spire's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	497.7	/	278.05
	=	1.79

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Spire's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	278.05	/	756.6
	=	0.37

Spire Change In Inventory Related Terms

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Spire (SR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spire Inc (NYSE:SR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SRCU:USA SRpA.PFD:USA LGR:Germany

Address

700 Market Street, Saint Louis, MO, USA, 63101

Website

https://www.spireenergy.com

Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.

Executives

Paul D Koonce	director	P O BOX 26532, RICHMOND VA 23261
Adam W. Woodard	officer: Treasurer	700 MARKET STREET, ST. LOUIS MO 63101
Steven P Rasche	officer: Executive Vice President	700 MARKET STREET, ST. LOUIS MO 63101
Stephen M Mills	officer: Senior Vice President	700 MARKET STREET, ST. LOUIS MO 63101
Vincent J Ferrari	director	12555 MANCHESTER ROAD, DES PERES MO 63131
Brenda D Newberry	director	700 MARKET STREET, ST. LOUIS MO 63101
Carrie J Hightman	director	C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Stupp John P Jr	director	STUPP JOHN P JR, #18 ST. ANDREWS DR., ST LOUIS MO 63124
Joseph B. Hampton	officer: President, AL & MS	700 MARKET STREET, ST. LOUIS MO 63101
Scott B. Carter	officer: SVP, COO of Distribution Ops	700 MARKET STREET, ST. LOUIS MO 63101
Stephen S Schwartz	director	46897 BAYSIDE PARKWAY, FREMONT CA 94538
Rob L. Jones	director	555 EAST AIRTEX DRIVE, HOUSTON TX 77073
Edward L Glotzbach	director	C/O VISUAL NETWORKS INC, 2092 GAITHER ROAD, ROCKVILLE MD 20850
Mark A Borer	director
Van Lokeren Mary Ann	director