Pure Cycle Corporation Annual report pursuant to Section 13 and 15(d)

ORGANIZATION	12 Months Ended
ORGANIZATION	Aug. 31, 2018
ORGANIZATION [Abstract]
ORGANIZATION	NOTE 1 – ORGANIZATION Pure Cycle Corporation (the “Company”) was incorporated in Delaware in 1976 and reincorporated in Colorado in 2008. The Company owns assets in the Denver, Colorado metropolitan area. The Company is currently using its water assets located in the Denver metropolitan area to provide wholesale water and wastewater services to customers located in the Denver metropolitan area. The Company also develops its land assets located in the Denver metropolitan area to develop finished lots for residential, commercial and retail pad sites for national home builders and businesses. The Company provides a full line of wholesale water and wastewater services, which includes designing and constructing water and wastewater systems as well as operating and maintaining such systems. The Company’s business focus includes two business segments: (i) providing wholesale water and wastewater services, predominantly to local governmental entities, which provide services to their end-use customers throughout the Denver metropolitan area as well as along the Colorado Front Range; and (ii) developing finished lots for residential, commercial and retail customers at its Sky Ranch property. As of August 31, 2018, the Company had $25.9 million of working capital, which included $11.6 million of cash and cash equivalents.