Growth Metrics

Pure Cycle (PCYO) Change in Inventory (2018 - 2025)

Pure Cycle (PCYO) reported Change in Inventory of -$5.9 million for Q2 2025, down 68.33% year-over-year from -$18.5 million in Q2 2024, and down 477.02% on a QoQ basis from -$1.0 million in Q1 2025.

Pure Cycle (PCYO) has 8 years of Change in Inventory data on file, last reported at -$5.9 million in Q2 2025.

  • Quarterly Change in Inventory fell 68.33% year-over-year to -$5.9 million in Q2 2025, while the trailing twelve-month figure through May 2025 was -$8.6 million (up 2.71% YoY) and the FY2024 annual result came in at -$5.0 million, down 95.55% from the prior year.
  • Change in Inventory slipped to -$5.9 million in Q2 2025 per PCYO's latest filing, from -$1.0 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $1.5 million in Q3 2024 and bottomed at -$5.9 million in Q2 2025.
  • The 5-year median for Change in Inventory is -$422000.0 (2021), against an average of -$1.1 million.
  • The widest annual swing landed in 2022, when Change in Inventory jumped 279.08%; it then tumbled 455.06% in 2023.
  • Tracing PCYO's Change in Inventory over 5 years: stood at -$422000.0 in 2021, then surged by 254.5% to $652000.0 in 2022, then sank by 339.57% to -$1.6 million in 2023, then plunged by 111.01% to -$3.3 million in 2024, then sank by 77.52% to -$5.9 million in 2025.
  • Per Business Quant, the three latest PCYO Change in Inventory figures stand at -$5.9 million (Q2 2025), -$1.0 million (Q1 2025), and -$3.3 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn -
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn -
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn -
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn -549,000.00
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn -
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn -
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 546,000.00
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 748,201.00
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 2.80 Mn
10 Pure Cycle 243.91 Mn 239.09 Mn 2.78 Mn -

Historic Data

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DateValue
May 31, 2025 -5.85 Mn
May 31, 2025 -5.85 Mn
Feb 28, 2025 -1.01 Mn
Feb 28, 2025 -1.01 Mn
Nov 30, 2024 -3.30 Mn
Nov 30, 2024 -3.30 Mn
Aug 31, 2024 1.54 Mn
Aug 31, 2024 1.54 Mn
May 31, 2024 -3.48 Mn
May 31, 2024 -3.48 Mn
Feb 29, 2024 -1.51 Mn
Feb 29, 2024 -1.51 Mn
Nov 30, 2023 -1.56 Mn
Nov 30, 2023 -1.56 Mn
Aug 31, 2023 -2.32 Mn
Aug 31, 2023 -2.32 Mn
Aug 31, 2022 652,000.00
Aug 31, 2022 652,000.00
May 31, 2022 428,000.00
May 31, 2022 428,000.00
Feb 28, 2022 -50,000.00
Feb 28, 2022 -50,000.00
Nov 30, 2021 -422,000.00
Nov 30, 2021 -422,000.00
Aug 31, 2021 -391,000.00
Aug 31, 2021 -391,000.00
May 31, 2021 -239,000.00
May 31, 2021 -239,000.00
Feb 28, 2021 521,000.00
Feb 28, 2021 521,000.00
Nov 30, 2020 -413,000.00
Nov 30, 2020 -413,000.00
Feb 29, 2020 1.98 Mn
Feb 29, 2020 1.98 Mn
Nov 30, 2019 -4.78 Mn
Nov 30, 2019 -4.78 Mn
Aug 31, 2019 -288,428.00
Aug 31, 2019 -288,428.00
May 31, 2019 289,962.00
May 31, 2019 289,962.00
Feb 28, 2019 1.66 Mn
Feb 28, 2019 1.66 Mn
Nov 30, 2018 3.36 Mn
Nov 30, 2018 3.36 Mn
Aug 31, 2018 834,738.00
Aug 31, 2018 834,738.00
May 31, 2018 382,554.00
May 31, 2018 382,554.00