CACI International Inc (CACI)
Days of sales outstanding (DSO)
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 7.43 | 7.40 | 6.65 | 6.82 | 6.73 | |
DSO | days | 49.14 | 49.35 | 54.87 | 53.48 | 54.20 |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.43
= 49.14
The days of sales outstanding (DSO) for CACI International Inc have shown a slight improvement over the past five years. The DSO decreased from 54.20 days in 2020 to 49.14 days in 2024, indicating that the company has been able to collect its accounts receivable more efficiently over time. This suggests that CACI International Inc has been managing its receivables effectively, potentially through improved credit policies or more prompt collection efforts. The downward trend in DSO is a positive signal of the company's liquidity and overall financial health. It shows that CACI International Inc has been able to convert its sales into cash more quickly, which is typically beneficial for sustaining operations and supporting growth.
Peer comparison
Jun 30, 2024