CACI International Inc (CACI)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	7,660,210	7,220,080	7,030,990	6,854,040	6,619,030	6,571,140	6,425,340	6,270,640	6,161,570	6,094,170	6,062,320	6,047,260	6,016,410	5,947,990	5,856,550	5,778,030	5,675,420	5,553,720	5,353,600	5,144,630
Receivables	US$ in thousands	1,031,310	1,013,680	947,452	1,002,640	894,946	1,004,730	868,629	794,777	926,144	857,181	854,415	774,934	879,851	860,720	747,845	820,157	841,227	839,135	828,795	848,463
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

June 30, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,660,210K ÷ $1,031,310K
= 7.43

The receivables turnover ratio for CACI International Inc has been relatively stable over the past few quarters, ranging between 6.06 to 7.89. This ratio indicates how many times the company collects its accounts receivable during a specific period. A higher turnover ratio generally signifies that the company is efficient in collecting payments from its customers.

In the most recent quarter, the receivables turnover ratio was 7.43, which suggests that CACI International Inc collected its outstanding receivables approximately 7.43 times during that period. This indicates that the company has been effective in managing its accounts receivable and converting them into cash.

Overall, the consistent and relatively high receivables turnover ratios reflect positively on CACI International Inc’s ability to efficiently manage its credit sales and collect payments from customers in a timely manner.