CACI International Inc (CACI)

Activity ratios

Short-term

Turnover ratios

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
Inventory turnover 59.19 50.68 47.32 45.25 46.98 49.07 52.50 52.77 57.43 69.63 65.77 68.47 69.07 68.88 68.86 69.15 80.75 63.96 73.40 —
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
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
Working capital turnover 25.86 23.39 22.13 25.74 30.63 26.91 33.20 39.15 33.80 22.93 15.23 14.90 13.48 20.81 26.27 16.63 17.92 18.81 21.02 19.15

CACI International Inc's activity ratios indicate the efficiency of the company in managing its resources.

1. Inventory Turnover: The company's inventory turnover has generally been increasing over the past few quarters, reaching a high of 69.63 in Mar 31, 2022, before experiencing a slight decline. This suggests that CACI has been more effective in selling its inventory relative to the cost of goods sold during the given period.

2. Receivables Turnover: CACI's receivables turnover has shown some fluctuations but has remained relatively stable. The company is collecting its receivables approximately 7 times a year, indicating a reasonable efficiency in collecting outstanding payments from customers.

3. Payables Turnover: CACI's payables turnover has shown significant variation, ranging from 17.88 to 88.42 over the periods shown. A higher turnover rate suggests the company is paying its suppliers more frequently, which could indicate good relationships with suppliers or efficient cash management practices.

4. Working Capital Turnover: The working capital turnover ratio has fluctuated but shows a general improving trend. This indicates that CACI is generating revenue efficiently relative to the funds invested in working capital, which includes current assets and liabilities.

Overall, CACI International Inc's activity ratios suggest that the company is effectively managing its inventory, receivables, payables, and working capital to support its operations and drive revenue generation.

Average number of days

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
Days of inventory on hand (DOH) days 6.17 7.20 7.71 8.07 7.77 7.44 6.95 6.92 6.36 5.24 5.55 5.33 5.28 5.30 5.30 5.28 4.52 5.71 4.97 —
Days of sales outstanding (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
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

The activity ratios of CACI International Inc provide insights into its operational efficiency and effectiveness in managing its inventory, receivables, and payables.

1. Days of Inventory on Hand (DOH): The company's DOH has fluctuated over the periods, ranging from a low of 4.52 days to a high of 8.07 days. A lower DOH indicates that the company is selling its inventory quickly, effectively managing its stock levels, and turning over its inventory in a timely manner. The increasing trend in recent periods could indicate potential inefficiencies in managing inventory levels, which may lead to higher carrying costs.

2. Days of Sales Outstanding (DSO): CACI's DSO has also varied over time, with values ranging from 46.26 days to 60.20 days. A lower DSO implies that the company is collecting its accounts receivable more quickly, which is a positive sign of efficient sales and collection processes. However, the fluctuating trend suggests potential challenges in collecting receivables promptly, impacting the company's cash flow.

3. Number of Days of Payables: The number of days of payables for CACI has shown significant variations, with values ranging from 4.13 days to 20.41 days. A higher number of days of payables indicates that the company takes longer to pay its bills, which can be advantageous in managing cash flow. However, excessively long payment cycles may strain relationships with suppliers and affect future purchasing terms.

Overall, CACI International Inc should focus on optimizing its inventory management processes to reduce DOH, improving receivables collection to lower DSO, and balancing payables management to maintain positive supplier relationships while optimizing cash flow. Monitoring these activity ratios regularly can help the company enhance its operational efficiency and financial performance.

Long-term

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
Fixed asset turnover 39.19 38.36 36.97 34.87 33.17 33.26 32.85 31.38 29.97 32.53 31.87 32.89 31.59 32.26 32.49 34.17 33.28 32.79 31.72 32.82
Total asset turnover 1.13 1.06 1.06 1.02 1.00 0.99 0.98 0.96 0.93 0.93 0.90 0.98 0.97 1.00 1.00 0.97 1.02 1.00 0.97 0.95

The fixed asset turnover ratio measures the efficiency of a company in generating sales from its investments in fixed assets. CACI International Inc's fixed asset turnover has been consistently high, ranging from 29.97 to 39.19 over the past few quarters. This indicates that the company is effectively utilizing its fixed assets to generate revenue, with a trend of improvement over time.

On the other hand, the total asset turnover ratio reflects the company's ability to generate sales from all its assets. CACI International Inc's total asset turnover has also shown a positive trend, increasing from 0.90 to 1.13 over the same period. This suggests that the company has been successful in using its total assets efficiently to generate revenue.

Overall, both the fixed asset turnover and total asset turnover ratios of CACI International Inc have been on an upward trajectory, indicating improved efficiency in asset utilization and revenue generation. This trend is a positive sign for the company's operational effectiveness and potentially its profitability in the long term.