Spire Inventory Turnover from 2010 to 2024

SR Stock  USD 61.88  0.21  0.34%   
Spire Inventory Turnover yearly trend continues to be relatively stable with very little volatility. Inventory Turnover is likely to drop to 4.24. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
5.73
Current Value
4.24
Quarterly Volatility
1.18052424
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire main balance sheet or income statement drivers, such as Interest Expense of 224.2 M, Total Revenue of 3.2 B or Gross Profit of 585.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0503 or PTB Ratio of 1.67. Spire financial statements analysis is a perfect complement when working with Spire Valuation or Volatility modules.
  
This module can also supplement Spire's financial leverage analysis and stock options assessment as well as various Spire Technical models . Check out the analysis of Spire Correlation against competitors.

Latest Spire's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Spire Inc over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Spire's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Spire Inventory Turnover Regression Statistics

Arithmetic Mean5.37
Geometric Mean5.24
Coefficient Of Variation21.99
Mean Deviation1.02
Median4.99
Standard Deviation1.18
Sample Variance1.39
Range4.0124
R-Value(0.10)
Mean Square Error1.48
R-Squared0.01
Significance0.71
Slope(0.03)
Total Sum of Squares19.51

Spire Inventory Turnover History

2024 4.24
2023 5.73
2022 6.36
2021 3.25
2020 4.63
2019 6.03
2018 6.71

About Spire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Spire income statement, its balance sheet, and the statement of cash flows. Spire investors use historical funamental indicators, such as Spire's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Spire investors may use each financial statement separately, they are all related. The changes in Spire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Spire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 5.73  4.24 

Currently Active Assets on Macroaxis

When determining whether Spire Inc is a strong investment it is important to analyze Spire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spire's future performance. For an informed investment choice regarding Spire Stock, refer to the following important reports:
Check out the analysis of Spire Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Spire's price analysis, check to measure Spire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.
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Is Spire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spire. If investors know Spire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.075
Dividend Share
2.95
Earnings Share
4
Revenue Per Share
48.814
Quarterly Revenue Growth
0.005
The market value of Spire Inc is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire's value that differs from its market value or its book value, called intrinsic value, which is Spire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spire's market value can be influenced by many factors that don't directly affect Spire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.