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PCYO (Pure Cycle) Days Inventory : 144.60 (As of Aug. 2024)


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What is Pure Cycle Days Inventory?

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:

PCYO' s Days Inventory Range Over the Past 10 Years
Min: 31.04   Med: 109.1   Max: 455.7
Current: 131.26

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.

PCYO's Days Inventory is ranked worse than
92.27% of 453 companies
in the Utilities - Regulated industry
Industry Median: 23.52 vs PCYO: 131.26

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.


Pure Cycle Days Inventory Historical Data

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.

* Premium members only.

Pure Cycle Days Inventory Chart

Pure Cycle Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 69.60 86.83 180.09 143.71 144.60

Competitive Comparison of Pure Cycle's Days Inventory

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.


Pure Cycle's Days Inventory Distribution in the Utilities - Regulated Industry

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.



Pure Cycle Days Inventory Calculation

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

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

* 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.


Pure Cycle Days Inventory Related Terms

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.


Pure Cycle Business Description

Traded in Other Exchanges
N/A
Address
34501 E. Quincy Avenue, Building 65, Suite A, Watkins, CO, USA, 80137
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