CACI International Inc (CACI)

Days of sales outstanding (DSO)

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	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
Receivables turnover		6.14	6.79	6.77	7.35	7.43	7.23	7.53	6.93	7.49	6.61	7.46	7.95	6.70	7.15	7.13	7.84	6.87	6.94	7.88	7.09
DSO	days	59.46	53.79	53.89	49.63	49.14	50.51	48.49	52.68	48.74	55.22	48.92	45.92	54.50	51.08	51.19	46.56	53.13	52.57	46.35	51.47

June 30, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.14
= 59.46

The analysis of CACI International Inc’s days of sales outstanding (DSO) over the specified periods reveals a relatively stable yet fluctuating trend within a broad range. Initially, at September 30, 2020, the DSO was approximately 51.47 days, indicating that on average, the company took just over seven weeks to collect receivables. During the subsequent quarters, the DSO demonstrated modest fluctuations, reaching a low of approximately 45.92 days at September 30, 2022, and a high of about 55.22 days at March 31, 2023.

The data suggests a cyclical pattern with periodic increases and decreases, but overall, the DSO has stayed within a range roughly between 45 and 55 days throughout this period. Notably, the DSO increased significantly to approximately 59.46 days by June 30, 2025, marking a notable lengthening of the receivables collection cycle.

From a broader perspective, the relatively narrow fluctuation range suggests that CACI’s collection processes are consistent and efficient, generally aligning with industry norms for firms engaged in government and enterprise-level contracts where payment cycles can be somewhat extended. The increase toward the later part of the data series indicates a potential trend of lengthening receivables collection times, which could warrant further analysis to ascertain underlying causes such as changes in customer payment behavior, contract terms, or shifts in credit policy.

In conclusion, CACI International Inc's DSO has historically exhibited stability with periodic fluctuations but has shown some signs of increasing collection durations in recent periods, which may impact the company's liquidity or working capital management if the trend persists.