Pure Cycle (Pure Cycle) Days Payable

: 126.98 (As of Feb. 2024)

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Pure Cycle's average Accounts Payable for the three months ended in Feb. 2024 was $1.98 Mil. Pure Cycle's Cost of Goods Sold for the three months ended in Feb. 2024 was $1.42 Mil. Hence, Pure Cycle's Days Payable for the three months ended in Feb. 2024 was 126.98.

The historical rank and industry rank for Pure Cycle's Days Payable or its related term are showing as below:

PCYO' s Days Payable Range Over the Past 10 Years
Min: 3.5 Med: 75.44 Max: 372.92
Current: 74.9

During the past 13 years, Pure Cycle's highest Days Payable was 372.92. The lowest was 3.50. And the median was 75.44.

PCYO's Days Payable is ranked better than
54.66% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.825 vs PCYO: 74.90

Pure Cycle's Days Payable increased from Feb. 2023 (54.85) to Feb. 2024 (126.98). It may suggest that Pure Cycle delayed paying its suppliers.

Pure Cycle Days Payable Historical Data

The historical data trend for Pure Cycle's Days Payable 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 Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

12.55

3.50

56.07

72.57

78.31

Pure Cycle Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable																54.85	32.28	81.04	105.87	126.98

Competitive Comparison

For the Utilities - Regulated Water subindustry, Pure Cycle's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable Distribution

For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Days Payable distribution charts can be found below:

* The bar in red indicates where Pure Cycle's Days Payable falls into.

Pure Cycle Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Pure Cycle's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (0.849	+	1.96)	/	2 )	/	6.546	*	365
=	1.4045					/	6.546	*	365
=	78.31

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

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (2.783	+	1.169)	/	2 )	/	1.42	*	365 / 4
=	1.976					/	1.42	*	365 / 4
=	126.98

Pure Cycle Days Payable 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 » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

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