Spire (FRA:LGR) Days Inventory: 36.43 (As of Mar. 2026) — 45% Below Median


FRA:LGR Spire Inc FRA:LGR
76 GF Score
Price €69.00
GF Value €52.39
! 7 Warning Signs
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What is Spire Days Inventory?

Spire FRA:LGR +1.47% 76 Days Inventory is 36.43 as of Mar. 2026, which is 45% below its 10-year median of 66.53. GuruFocus rates FRA:LGR with a GF Score™ of 76/100 and a GF Value™ of €52.39. The stock has 7 warning signs investors should review. Among 451 Utilities - Regulated companies, Spire ranks worse than 76.94% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Spire's Average Total Inventories for the three months ended in Mar. 2026 was €190 Mil. Spire's Cost of Goods Sold for the three months ended in Mar. 2026 was €475 Mil. Hence, Spire's Days Inventory for the three months ended in Mar. 2026 was 36.43.

The historical rank and industry rank for Spire's Days Inventory or its related term are showing as below:

FRA:LGR' s Days Inventory Range Over the Past 10 Years
Min: 56.5   Med: 66.53   Max: 96.64
Current: 56.58

During the past 13 years, Spire's highest Days Inventory was 96.64. The lowest was 56.50. And the median was 66.53.

FRA:LGR's Days Inventory is ranked worse than
76.94% of 451 companies
in the Utilities - Regulated industry
Industry Median: 22.53 vs FRA:LGR: 56.58

Spire's Days Inventory increased from Mar. 2025 (35.62) to Mar. 2026 (36.43). It might indicate that Spire's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spire's Inventory Turnover for the three months ended in Mar. 2026 was 2.50.

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 three months ended in Mar. 2026 was 0.21.


Spire  (FRA:LGR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Spire's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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 three months ended in Mar. 2026 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Spire Days Inventory Related Terms


Spire Days Inventory Historical Data

* Premium members only.

The historical data trend for Spire's Days 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.

Spire Days Inventory Chart

Spire Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.14 90.22 75.40 62.84 70.80

Spire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.62 81.18 105.95 54.57 36.43

FRA:LGR vs MDU, OGS, BKH: Days Inventory Comparison

For the Utilities - Regulated Gas subindustry, Spire's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spire Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Spire's Days Inventory distribution charts can be found below:

* The bar in red indicates where Spire's Days Inventory falls into.


FRA:LGR
76GF Score
Spire Inc FRA:LGR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Spire Days Inventory Calculation

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

Spire's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (237.774 + 240.69) / 2 ) / 1233.355*365
=239.232 / 1233.355*365
=70.80

Spire's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (221.613 + 157.516) / 2 ) / 474.799*365 / 4
=189.5645 / 474.799*365 / 4
=36.43

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 36.43 mean?
Spire (FRA:LGR) has a Days Inventory of 36.43 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spire and its competitors. This is 45% below median its historical median of 66.53. Over the past decade, Spire's Days Inventory has ranged from 56.50 to 96.64. According to the industry distribution chart, Spire ranks #347 out of 451 companies in the Utilities - Regulated industry, placing it in the top 76.9%.
Is Spire's Days Inventory too high?
Spire's current Days Inventory of 36.43 is 45% below median its 10-year median of 66.53. Over the past 10 years, this metric has ranged from a low of 56.50 to a high of 96.64. The Utilities - Regulated industry median Days Inventory is 22.53. Spire's value of 36.43 is 61.7% above this industry median. Based on the distribution chart, Spire ranks #347 out of 451 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Spire has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Spire's Days Inventory compare to MDU and OGS?
According to the Utilities - Regulated industry distribution chart, Spire ranks #347 out of 451 companies for Days Inventory. This places Spire in the lower half of its industry. The industry median Days Inventory is 22.53. Spire's value of 36.43 is 61.7% above this benchmark. Historically, Spire's own Days Inventory has ranged from 56.50 to 96.64 over the past decade. While the company's 10-year median is 66.53 vs. the industry median of 22.53, Spire has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.53, based on 451 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spire's current Days Inventory of 36.43 is 61.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spire and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire's current Days Inventory is 36.43, which is 45% below median its own 10-year median of 66.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire stock overvalued right now?
Spire (FRA:LGR) has a current Days Inventory of 36.43. The stock's GF Value™ is €52.39, compared to a current price of €69.00 — trading 31.7% above its estimated fair value. The current Days Inventory is 36.43, which is 45% below median its 10-year median of 66.53 and 61.7% above the Utilities - Regulated industry median of 22.53. Spire's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Spire (FRA:LGR), the current Days Inventory is 36.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spire (FRA:LGR) Overvalued in 2026?

Based on GuruFocus' analysis, Spire stock appears to be overvalued. The current stock price of €69.00 is trading 31.7% above its estimated GF Value™ of €52.39.

Key valuation signals for FRA:LGR:

  • Days Inventory: 36.43 (45% below median its 10-year median of 66.53)
  • GF Value™: €52.39 vs. price of €69.00 (31.7% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 61.7% above the Utilities - Regulated median (#347 of 451)

No single metric tells the full story. See the FRA:LGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spire Business Description

Other Exchanges SR:USALGR:Germany
Address 700 Market Street, Saint Louis, MO, USA, 63101
Spire Inc. is the holding company for Spire Missouri, Spire Alabama, other gas utilities, and gas-related businesses, focused on growing organically, investing in infrastructure, and advancing through innovation. Its three segments are Gas Utility, Gas Marketing, and Midstream. The Gas Utility segment is the core business and includes Spire Missouri, Spire Alabama, and Spire EnergySouth. The Gas Marketing segment includes Spire Marketing, which provides non-regulated natural gas services across the U.S. The Midstream segment includes Spire Storage, Spire STL Pipeline, and Spire MoGas Pipeline. The majority of revenue comes from Gas Utility.
76GF Score

Get the complete analysis for FRA:LGR

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€69.00
Price
€52.39
GF Value