CACI International Inc (CACI)

Working capital turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	US$ in thousands	8,627,820	7,659,830	6,702,550	6,202,920	6,044,140
Total current assets	US$ in thousands	1,779,940	1,374,530	1,210,040	1,209,640	1,331,180
Total current liabilities	US$ in thousands	1,208,110	1,078,260	993,971	1,027,360	884,801
Working capital turnover		15.09	25.85	31.02	34.03	13.54

June 30, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,627,820K ÷ ($1,779,940K – $1,208,110K)
= 15.09

The working capital turnover ratio for CACI International Inc has exhibited notable fluctuations over the period from June 30, 2021, to June 30, 2025.

As of June 30, 2021, the ratio stood at 13.54, indicating the company's efficiency in generating revenue relative to its working capital at that time. In the subsequent year, the ratio experienced a substantial increase, reaching 34.03 by June 30, 2022, which suggests a significant improvement in the utilization of working capital to generate sales or revenue.

However, the ratio slightly declined to 31.02 by June 30, 2023. Despite this decrease, the ratio remained high, reflecting continued effective management of working capital relative to revenue generation challenges or adjustments.

In the following period, the ratio decreased further to 25.85 as of June 30, 2024, suggesting a potential reduction in the efficiency of working capital utilization or increased working capital relative to revenue.

By June 30, 2025, the ratio had fallen further to 15.09, approaching levels observed in the earlier part of the period, which could indicate a shift in operational efficiency, changes in revenue, or alterations in working capital management strategies.

Overall, the trend shows a peak in working capital turnover around mid-2022, followed by a gradual decline over the subsequent years, reflecting changing operational efficiencies or strategic adjustments impacting the relationship between working capital and revenue generation.