SpireFRA:LGR +0.75%77 Days Payable is 40.79 as of Mar. 2026, which is 49% below its 10-year median of 79.60. GuruFocus rates FRA:LGR with a GF Score™ of 77/100 and a GF Value™ of €51.39. The stock has 7 warning signs investors should review. Among 481 Utilities - Regulated companies, Spire ranks worse than 54.47% on this metric.
Spire's average Accounts Payable for the
three
months ended in Mar. 2026 was €212 Mil. Spire's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €475 Mil.
Hence, Spire's Days Payable for the
three
months ended in Mar. 2026 was 40.79.
The historical rank and industry rank for Spire's Days Payable or its related term are showing as below:
FRA:LGR'
s Days Payable Range Over the Past 10 Years
Min: 55.55 Med: 79.6 Max: 136.5
Current: 63.53
During the past 13 years, Spire's highest Days Payable was 136.50. The lowest was 55.55. And the median was 79.60.
FRA:LGR's Days Payable is ranked worse than 54.47% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs FRA:LGR: 63.53
Spire's Days Payable
declined
from Mar. 2025 (48.53) to Mar. 2026 (40.79).
It may suggest that Spireaccelerated paying its suppliers.
Spire Days Payable Related Terms
Spire Days Payable Historical Data
* Premium members only.
The historical data trend for Spire's Days Payable 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.
For the Utilities - Regulated Gas subindustry, Spire's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Spire's Days Payable distribution charts can be found below:
* The bar in red indicates where Spire's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Spire's Days Payable for the fiscal year that ended in Sep. 2025 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.
Spire (FRA:LGR) has a Days Payable of 40.79 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spire and its competitors. This is 49% below median its historical median of 79.60. Over the past decade, Spire's Days Payable has ranged from 55.55 to 136.50. According to the industry distribution chart, Spire ranks #262 out of 481 companies in the Utilities - Regulated industry, placing it in the top 54.5%.
Is Spire's Days Payable too high?
Spire's current Days Payable of 40.79 is 49% below median its 10-year median of 79.60. Over the past 10 years, this metric has ranged from a low of 55.55 to a high of 136.50. The Utilities - Regulated industry median Days Payable is 70.35. Spire's value of 40.79 is 42% below this industry median. Based on the distribution chart, Spire ranks #262 out of 481 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Spire has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spire's Days Payable compare to MDU and OGS?
According to the Utilities - Regulated industry distribution chart, Spire ranks #262 out of 481 companies for Days Payable. This places Spire in the lower half of its industry. The industry median Days Payable is 70.35. Spire's value of 40.79 is 42% below this benchmark. Historically, Spire's own Days Payable has ranged from 55.55 to 136.50 over the past decade. While the company's 10-year median is 79.60 vs. the industry median of 70.35, Spire has consistently been below 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 Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spire's current Days Payable of 40.79 is 42% below 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spire and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire's current Days Payable is 40.79, which is 49% below median its own 10-year median of 79.60. 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 Payable of 40.79. The stock's GF Value™ is €51.39, compared to a current price of €67.50 — trading 31.3% above its estimated fair value. The current Days Payable is 40.79, which is 49% below median its 10-year median of 79.60 and 42% below the Utilities - Regulated industry median of 70.35. Spire's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Spire (FRA:LGR), the current Days Payable is 40.79 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 €67.50 is trading 31.3% above its estimated GF Value™ of €51.39.
Key valuation signals for FRA:LGR:
Days Payable: 40.79 (49% below median its 10-year median of 79.60)
GF Value™: €51.39 vs. price of €67.50 (31.3% above fair value)
Industry Position: 42% below the Utilities - Regulated median (#262 of 481)
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 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.
77GF Score
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