Spire (FRA:LGR) Days Payable : 58.97 (As of Dec. 2024)

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What is Spire Days Payable?

Spire's average Accounts Payable for the three months ended in Dec. 2024 was €246 Mil. Spire's Cost of Goods Sold for the three months ended in Dec. 2024 was €381 Mil. Hence, Spire's Days Payable for the three months ended in Dec. 2024 was 58.97.

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: 41.19 Med: 79.6 Max: 136.5
Current: 58.98

During the past 13 years, Spire's highest Days Payable was 136.50. The lowest was 41.19. And the median was 79.60.

FRA:LGR's Days Payable is ranked worse than
57.59% of 474 companies
in the Utilities - Regulated industry
Industry Median: 67.355 vs FRA:LGR: 58.98

Spire's Days Payable increased from Dec. 2023 (50.64) to Dec. 2024 (58.97). It may suggest that Spire delayed paying its suppliers.

Spire Days Payable Historical Data

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.

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Spire Days Payable Chart

Spire Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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89.42

84.38

127.87

94.27

56.70

Spire Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															50.64	32.69	67.64	122.75	58.97

Competitive Comparison of Spire's Days Payable

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's Days Payable Distribution in the 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.

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Spire Days Payable Calculation

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. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (237.155	+	213.717)	/	2 )	/	1451.241	*	365
=	225.436					/	1451.241	*	365
=	56.70

Spire's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (213.717	+	279.147)	/	2 )	/	381.332	*	365 / 4
=	246.432					/	381.332	*	365 / 4
=	58.97

Spire Days Payable Related Terms

Thank you for viewing the detailed overview of Spire's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Spire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spire Inc (FRA:LGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRpA.PFD:USA SR: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') changed its name to Spire Alabama Inc. effective September 1, 2017, and Laclede Gas Company changed its name to Spire Missouri Inc. effective August 30, 2017. 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. Maximum revenue from residential area.

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