PCYO (Pure Cycle) Inventory Turnover: 0.41 (As of Feb. 2026)

What is Pure Cycle Inventory Turnover?

Pure Cycle PCYO -1.68% 74 Inventory Turnover is 0.41 as of Feb. 2026. GuruFocus rates PCYO with a GF Score™ of 74/100 and a GF Value™ of $14.12 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Pure Cycle's Cost of Goods Sold for the three months ended in Feb. 2026 was $2.39 Mil. Pure Cycle's Average Total Inventories for the quarter that ended in Feb. 2026 was $5.88 Mil. Pure Cycle's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.41.

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 three months ended in Feb. 2026 was 224.95.

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 quarter that ended in Feb. 2026 was 1.14.

Pure Cycle (NAS:PCYO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Feb. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2026 )	/	Cost of Goods Sold (Q: Feb. 2026 )	*	Days in Period
	=	5.8795	/	2.385	*	365 / 4
	=	224.95

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 quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2026 )	/	Revenue (Q: Feb. 2026 )
	=	5.8795	/	5.169
	=	1.14

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Pure Cycle Inventory Turnover Related Terms

Pure Cycle Inventory Turnover Historical Data

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The historical data trend for Pure Cycle's Inventory Turnover can be seen below:

Pure Cycle Inventory Turnover Chart

Pure Cycle Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Aug25

Inventory Turnover

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13.31

0.00

3.79

3.35

1.82

Pure Cycle Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Inventory Turnover	Get a 7-Day Free Trial															0.59	0.30	0.47	0.42	0.41

74GF Score

Pure Cycle Corp PCYO

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Pure Cycle Inventory Turnover Calculation

Pure Cycle's Inventory Turnover for the fiscal year that ended in Aug. 2025 is calculated as

	Inventory Turnover (A: Aug. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2025 )	/ (	(Total Inventories (A: Aug. 2024 )	+	Total Inventories (A: Aug. 2025 ))	/	count )
=	10.057	/ (	(3.647	+	7.388)	/	2 )
=	10.057	/	5.5175
=	1.82

Pure Cycle's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

	Inventory Turnover (Q: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2026 )	/ (	(Total Inventories (Q: Nov. 2025 )	+	Total Inventories (Q: Feb. 2026 ))	/	count )
=	2.385	/ (	(6.212	+	5.547)	/	2 )
=	2.385	/	5.8795
=	0.41

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.41 mean?

Pure Cycle (PCYO) has a Inventory Turnover of 0.41 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pure Cycle and its competitors.

Is Pure Cycle's Inventory Turnover too high?

Pure Cycle's current Inventory Turnover is 0.41. Overall, Pure Cycle has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Pure Cycle's Inventory Turnover compare to CDZI and GWRS?

Pure Cycle's Inventory Turnover of 0.41 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Utilities - Regulated company?

A good Inventory Turnover depends on the Utilities - Regulated industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pure Cycle and its competitors. Pure Cycle's current Inventory Turnover is 0.41. 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 $14.12, compared to a current price of $10.84 — trading 23.2% below its estimated fair value. The current Inventory Turnover is 0.41. Pure Cycle's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Pure Cycle (PCYO), the current Inventory Turnover is 0.41 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 $10.84 is trading 23.2% below its estimated GF Value™ of $14.12. GuruFocus considers Pure Cycle to be Modestly Undervalued.

Key valuation signals for PCYO:

Inventory Turnover: 0.41
GF Value™: $14.12 vs. price of $10.84 (23.2% below fair value)
GF Score™: 74/100 with 3 warning signs

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

Industry Utilities Utilities - Regulated

Comparable Companies CDZI GWRS ARTNA CWCO YORW CETI MSEX AWK BSP:SBSP3 LSE:UU.LSE:SVT WTRG HKSE:00270 DFM:EMPOWER BSP:CSMG3 SHSE:600323 AWR LSE:PNN CWT HKSE:00371

Address 34501 E. Quincy Avenue, Building 1, Suite D, Watkins, CO, USA, 80137

Website https://www.purecyclewater.com

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.

74GF Score

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$10.84

Price

$14.12

GF Value

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