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Days Inventory is also known as Days Sales of Inventory (DSI). Pure Cycle's Average Total Inventories for the three months ended in Aug. 2024 was $4.42 Mil. Pure Cycle's Cost of Goods Sold for the three months ended in Aug. 2024 was $2.79 Mil. Hence, Pure Cycle's Days Inventory for the three months ended in Aug. 2024 was 144.60.
The historical rank and industry rank for Pure Cycle's Days Inventory or its related term are showing as below:
During the past 13 years, Pure Cycle's highest Days Inventory was 455.70. The lowest was 31.04. And the median was 109.10.
Pure Cycle's Days Inventory increased from Aug. 2023 (69.60) to Aug. 2024 (144.60). It might indicate that Pure Cycle's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year. Pure Cycle's Inventory Turnover for the three months ended in Aug. 2024 was 0.63.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Pure Cycle's Inventory-to-Revenue for the three months ended in Aug. 2024 was 0.35.
The historical data trend for Pure Cycle's Days Inventory 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.
Pure Cycle Annual Data | |||||||||||||||||||||
Trend | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | Aug24 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 120.54 | 31.04 | 33.48 | 96.24 | 109.10 |
Pure Cycle Quarterly Data | ||||||||||||||||||||
Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | |
Days Inventory | Get a 7-Day Free Trial | 69.60 | 86.83 | 180.09 | 143.71 | 144.60 |
For the Utilities - Regulated Water subindustry, Pure Cycle's Days Inventory, along with its competitors' market caps and Days Inventory 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.
For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Days Inventory distribution charts can be found below:
* The bar in red indicates where Pure Cycle's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Pure Cycle's Days Inventory for the fiscal year that ended in Aug. 2024 is calculated as
Days Inventory (A: Aug. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Aug. 2023 ) | + | Total Inventories (A: Aug. 2024 )) | / | count ) | / | Cost of Goods Sold (A: Aug. 2024 ) | * | Days in Period |
= | ( (1.726 | + | 3.647) | / | 2 ) | / | 8.988 | * | 365 |
= | 2.6865 | / | 8.988 | * | 365 | ||||
= | 109.10 |
Pure Cycle's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:
Days Inventory (Q: Aug. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: May. 2024 ) | + | Total Inventories (Q: Aug. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Aug. 2024 ) | * | Days in Period |
= | ( (5.183 | + | 3.647) | / | 2 ) | / | 2.786 | * | 365 / 4 |
= | 4.415 | / | 2.786 | * | 365 / 4 | ||||
= | 144.60 |
* 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.
Pure Cycle (NAS:PCYO) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Pure Cycle's Inventory Turnover for the three months ended in Aug. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 2.786 | / | 4.415 | |
= | 0.63 |
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Pure Cycle's Inventory to Revenue for the three months ended in Aug. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 4.415 | / | 12.56 | |
= | 0.35 |
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Thank you for viewing the detailed overview of Pure Cycle's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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