Pure Cycle (Pure Cycle) Change In Receivables : $-2.56 Mil (TTM As of Feb. 2024)

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What is Pure Cycle Change In Receivables?

Pure Cycle's change in receivables for the quarter that ended in Feb. 2024 was $2.71 Mil. It means Pure Cycle's Accounts Receivable declined by $2.71 Mil from Nov. 2023 to Feb. 2024 .

Pure Cycle's change in receivables for the fiscal year that ended in Aug. 2023 was $-3.25 Mil. It means Pure Cycle's Accounts Receivable increased by $3.25 Mil from Aug. 2022 to Aug. 2023 .

Pure Cycle's Accounts Receivable for the quarter that ended in Feb. 2024 was $1.71 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Pure Cycle's Days Sales Outstanding for the three months ended in Feb. 2024 was 48.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pure Cycle's liquidation value for the three months ended in Feb. 2024 was $8.81 Mil.

Pure Cycle Change In Receivables Historical Data

The historical data trend for Pure Cycle's Change In Receivables 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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Pure Cycle Change In Receivables Chart

Pure Cycle Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-0.04

-0.02

-0.41

6.74

-3.25

Pure Cycle Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-3.06	-0.92	0.94	-5.30	2.71

Pure Cycle Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.56 Mil.

Pure Cycle (NAS:PCYO) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Pure Cycle's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.712	/	3.197	*	91
=	48.86

2. In Ben Graham's calculation of liquidation value, Pure Cycle's accounts receivable are only considered to be worth 75% of book value:

Pure Cycle's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	20.586	-	14.782	+	0.75 * 1.712	+	0.5 * 3.441
=	8.81

Pure Cycle Change In Receivables Related Terms

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Pure Cycle (Pure Cycle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pure Cycle Corp (NAS:PCYO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

34501 E. Quincy Avenue, Building 65, Suite A, Watkins, CO, USA, 80137

Website

https://www.purecyclewater.com

Pure Cycle Corp is a diversified land and water resource development company. It designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in two business segments namely Water and wastewater resource development and Land development. It generates maximum revenue from the Land development segment. The company's services include water production, storage, treatment, bulk transmission to retail distribution systems, wastewater collection and treatment, irrigation water treatment and transmission, construction management, billing, and collection. The land resource development segment includes all the activities necessary to develop and sell finished lots.

Executives

Mark W Harding	director, officer: President and CFO	8451 DELAWARE STREET, THORNTON CO 80260
Marc Stephen Spezialy	officer: Vice President and CFO	34501 E. QUINCY AVE. BLDG 65, WATKINS CO 80137
Kevin Blain Mcneill	officer: Chief Financial Officer	34501 E. QUINCY AVE, BLDG 34, WATKINS CO 80018
Plaisance Spv I, Llc	10 percent owner	250 FILLMORE, SUITE 525, DENVER CO 80206
Wanda J Abel	director	34501 QUINCY AVENUE BLDG. 34, WATKINS CO 80109
Fendel Frederick A. Iii	director	C/O PURE CYCLE CORP., 34501 E. QUINCY AVE., BLDG. 34, WATKINS CO 80137
Plaisance Capital Llc	10 percent owner	250 FILLMORE, SUITE 525, DENVER CO 80206
Patrick Beirne	director	8 VIKING DR, ENGLEWOOD CO 80113
Jeffrey G Sheets	director	5291 E. YALE AVE., DENVER CO 80222
Par Investment Partners Lp	10 percent owner	200 CLARENDON STREET, FL 48, BOSTON MA 02116
Daniel R Kozlowski	10 percent owner	250 FILLMORE, SUITE 525, DENVER CO 80206
Par Capital Management Inc	10 percent owner	200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Group Ii, L.p.	10 percent owner	200 CLARENDON STREET, 48TH FLOOR, BOSTON MA 02116
Epker Arthur G Iii	director	C/O PURE CYCLE CORPORATION, 8451 DELAWARE ST., THORNTON CO 80260
Harrison E Augur	director	PO BOX 4389, ASPEN CO 81611