Spire (FRA:LGR) Receivables Turnover: 2.48 (As of Mar. 2026)

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FRA:LGR Spire Inc FRA:LGR
57 GF Score
Price €71.50
! 7 Warning Signs
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What is Spire Receivables Turnover?

Spire FRA:LGR +0.70% 57 Receivables Turnover is 2.48 as of Mar. 2026. GuruFocus rates FRA:LGR with a GF Score™ of 57/100. The stock has 7 warning signs investors should review. Among 496 Utilities - Regulated companies, Spire ranks better than 58.06% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Spire's Revenue for the three months ended in Mar. 2026 was €882 Mil. Spire's average Accounts Receivable for the three months ended in Mar. 2026 was €355 Mil. Hence, Spire's Receivables Turnover for the three months ended in Mar. 2026 was 2.48.


Spire  (FRA:LGR) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Spire Receivables Turnover Related Terms


Spire Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Spire's Receivables Turnover 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 Receivables Turnover Chart

Spire Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 8.87 12.71 13.08 12.40

Spire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover 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 2.55 1.35 1.58 2.47 2.48

FRA:LGR vs OGS, MDU, BKH: Receivables Turnover Comparison

For the Utilities - Regulated Gas subindustry, Spire's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Utilities - Regulated Industry

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

* The bar in red indicates where Spire's Receivables Turnover falls into.


FRA:LGR
57GF Score
Spire Inc FRA:LGR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Spire Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

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

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=2109.893 / ((176.866 + 163.499) / 2 )
=2109.893 / 170.1825
=12.40

Spire's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=882.3 / ((363.975 + 346.432) / 2 )
=882.3 / 355.2035
=2.48

* 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 Receivables Turnover →
What does a Receivables Turnover of 2.48 mean?
Spire (FRA:LGR) has a Receivables Turnover of 2.48 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Spire and its competitors. According to the industry distribution chart, Spire ranks #208 out of 496 companies in the Utilities - Regulated industry, placing it in the top 41.9%.
Is Spire's Receivables Turnover too high?
Spire's current Receivables Turnover is 2.48. The Utilities - Regulated industry median Receivables Turnover is 6.76. Spire's value of 2.48 is 63.3% below this industry median. Based on the distribution chart, Spire ranks #208 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Spire has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spire's Receivables Turnover compare to OGS and MDU?
According to the Utilities - Regulated industry distribution chart, Spire ranks #208 out of 496 companies for Receivables Turnover. This puts Spire in the upper half of its industry. The industry median Receivables Turnover is 6.76. Spire's value of 2.48 is 63.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, based on 496 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spire's current Receivables Turnover of 2.48 is 63.3% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Spire and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire's current Receivables Turnover is 2.48. 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 Receivables Turnover of 2.48. The current Receivables Turnover is 2.48 and 63.3% below the Utilities - Regulated industry median of 6.76. Spire's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Spire (FRA:LGR), the current Receivables Turnover is 2.48 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.

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.
57GF Score

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

€71.50
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