CACI International Inc (CACI)

Days of sales outstanding (DSO)

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Receivables turnover		7.43	7.12	7.42	6.84	7.40	6.54	7.40	7.89	6.65	7.11	7.10	7.80	6.84	6.91	7.83	7.05	6.75	6.62	6.46	6.06
DSO	days	49.14	51.25	49.19	53.39	49.35	55.81	49.34	46.26	54.86	51.34	51.44	46.77	53.38	52.82	46.61	51.81	54.10	55.15	56.51	60.20

June 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.43
= 49.14

The Days Sales Outstanding (DSO) of CACI International Inc has shown some fluctuation over the past several quarters. DSO represents the average number of days it takes for a company to collect revenue after a sale has been made.

From the data provided, we can observe that the DSO values have ranged from as low as 46.26 days to as high as 60.20 days over the period. A lower DSO indicates that the company is collecting revenue more quickly, while a higher DSO may suggest that the company is taking longer to collect payments from customers.

In the most recent quarter, the DSO was at 49.14 days, showing a slight decrease compared to the previous quarter. This could imply that the company has been able to improve its collections efficiency. However, it is essential to monitor this metric consistently to ensure efficient management of accounts receivable and cash flow.

Overall, analyzing the trend in DSO can provide insights into the company's credit policies, customer payment behavior, and potential liquidity challenges. It is crucial for CACI International Inc to aim for a balance in maintaining a healthy DSO that ensures timely cash inflows while maintaining good customer relationships.