CACI International Inc (CACI)
Number of days of payables
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 24.41 | 30.96 | 18.81 | 37.03 | 58.50 | |
| Number of days of payables | days | 14.95 | 11.79 | 19.41 | 9.86 | 6.24 |
June 30, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 24.41
= 14.95
The number of days of payables for CACI International Inc has fluctuated over the past five years. In the most recent year ending on June 30, 2024, the company took approximately 14.95 days on average to pay its suppliers and vendors. This is an increase compared to the previous year, where it took 11.79 days to settle its payables.
Looking back further, in June 2022, the number of days of payables increased significantly to 19.41 days before decreasing in the following year to 9.86 days (June 2021). The lowest number of days of payables was in June 2020, at just 6.24 days.
The trend in the number of days of payables indicates that CACI International Inc might be taking longer to pay its suppliers in recent years, which could potentially signal liquidity constraints or changes in payment terms. It is important for investors and stakeholders to continue monitoring this metric to assess the company's efficiency in managing its payables.
Peer comparison
Jun 30, 2024