CACI International Inc (CACI)

Number of days of payables

		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
Payables turnover		24.41	18.50	21.96	17.88	30.96	18.88	22.06	25.36	18.81	31.20	29.12	49.75	37.03	49.34	88.42	67.09	58.50	23.08	31.43	47.74
Number of days of payables	days	14.95	19.73	16.62	20.41	11.79	19.34	16.55	14.40	19.41	11.70	12.53	7.34	9.86	7.40	4.13	5.44	6.24	15.82	11.61	7.65

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 few quarters. The company took an average of 14.31 days to pay its payables in the most recent quarter, which is slightly lower than the previous quarter but higher compared to the same quarter in the prior year. The trend indicates that the company is managing its payables effectively but should monitor payment timing to ensure optimal cash flow management. It is important to continue monitoring this ratio to assess the efficiency of CACI International Inc's payables management and its impact on the company's overall financial health.