PCYO (Pure Cycle) Days Payable: 109.02 (As of Feb. 2026) — 45% Above Median


PCYO Pure Cycle Corp PCYO
72 GF Score
Price $11.19
GF Value $14.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Pure Cycle Days Payable?

Pure Cycle PCYO +1.72% 72 Days Payable is 109.02 as of Feb. 2026, which is 45% above its 10-year median of 75.44. GuruFocus rates PCYO with a GF Score™ of 72/100 and a GF Value™ of $14.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 483 Utilities - Regulated companies, Pure Cycle ranks better than 61.08% on this metric.

Pure Cycle's average Accounts Payable for the three months ended in Feb. 2026 was $2.85 Mil. Pure Cycle's Cost of Goods Sold for the three months ended in Feb. 2026 was $2.39 Mil. Hence, Pure Cycle's Days Payable for the three months ended in Feb. 2026 was 109.02.

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: 148
Current: 89.28

During the past 13 years, Pure Cycle's highest Days Payable was 148.00. The lowest was 3.50. And the median was 75.44.

PCYO's Days Payable is ranked better than
61.08% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs PCYO: 89.28

Pure Cycle's Days Payable increased from Feb. 2025 (66.18) to Feb. 2026 (109.02). It may suggest that Pure Cycle delayed paying its suppliers.


Pure Cycle Days Payable Historical Data

* Premium members only.

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.

Pure Cycle Days Payable Chart

Pure Cycle Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.07 72.57 78.31 79.35 99.19

Pure Cycle Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Days Payable 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 66.18 95.88 77.20 107.61 109.02

PCYO vs GWRS, ARTNA, CDZI: Days Payable 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 vs Utilities - Regulated Industry

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.


PCYO
72GF Score
Pure Cycle Corp PCYO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (1.948 + 3.518) / 2 ) / 10.057*365
=2.733 / 10.057*365
=99.19

Pure Cycle's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (3.284 + 2.415) / 2 ) / 2.385*365 / 4
=2.8495 / 2.385*365 / 4
=109.02

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 109.02 mean?
Pure Cycle (PCYO) has a Days Payable of 109.02 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pure Cycle and its competitors. This is 45% above median its historical median of 75.44. Over the past decade, Pure Cycle's Days Payable has ranged from 3.50 to 148.00. According to the industry distribution chart, Pure Cycle ranks #188 out of 483 companies in the Utilities - Regulated industry, placing it in the top 38.9%.
Is Pure Cycle's Days Payable too high?
Pure Cycle's current Days Payable of 109.02 is 45% above median its 10-year median of 75.44. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 148.00. The Utilities - Regulated industry median Days Payable is 70.35. Pure Cycle's value of 109.02 is 55% above this industry median. Based on the distribution chart, Pure Cycle ranks #188 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Pure Cycle has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Cycle's Days Payable compare to GWRS and ARTNA?
According to the Utilities - Regulated industry distribution chart, Pure Cycle ranks #188 out of 483 companies for Days Payable. This puts Pure Cycle in the upper half of its industry. The industry median Days Payable is 70.35. Pure Cycle's value of 109.02 is 55% above this benchmark. Historically, Pure Cycle's own Days Payable has ranged from 3.50 to 148.00 over the past decade. While the company's 10-year median is 75.44 vs. the industry median of 70.35, Pure Cycle has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pure Cycle's current Days Payable of 109.02 is 55% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pure Cycle and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pure Cycle's current Days Payable is 109.02, which is 45% above median its own 10-year median of 75.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pure Cycle stock overvalued right now?
Based on GuruFocus' analysis, Pure Cycle (PCYO) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.11, compared to a current price of $11.19 — trading 20.7% below its estimated fair value. The current Days Payable is 109.02, which is 45% above median its 10-year median of 75.44 and 55% above the Utilities - Regulated industry median of 70.35. Pure Cycle's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Pure Cycle (PCYO), the current Days Payable is 109.02 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pure Cycle (PCYO) Overvalued in 2026?

Based on GuruFocus' analysis, Pure Cycle stock appears to be undervalued. The current stock price of $11.19 is trading 20.7% below its estimated GF Value™ of $14.11. GuruFocus considers Pure Cycle to be Modestly Undervalued.

Key valuation signals for PCYO:

  • Days Payable: 109.02 (45% above median its 10-year median of 75.44)
  • GF Value™: $14.11 vs. price of $11.19 (20.7% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 55% above the Utilities - Regulated median (#188 of 483)

No single metric tells the full story. See the PCYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pure Cycle Business Description

Address 34501 E. Quincy Avenue, Building 1, Suite D, Watkins, CO, USA, 80137
Pure Cycle Corp is a diversified land and water resource development company. The company designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in three business segments namely Water and wastewater resource development, Land development, and the Single-Family Rental Segment. It generates maximum revenue from the Land development segment. The land resource development segment includes all the activities necessary to develop and sell finished lots.
72GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.19
Price
$14.11
GF Value