diff --git a/devel/py-cachetools/Makefile b/devel/py-cachetools/Makefile
index 7f1e752b8fd5..f544c7a3271d 100644
--- a/devel/py-cachetools/Makefile
+++ b/devel/py-cachetools/Makefile
@@ -1,22 +1,22 @@
 PORTNAME=	cachetools
-PORTVERSION=	5.3.3
+PORTVERSION=	5.4.0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Extensible memoizing collections and decorators
 WWW=		https://github.com/tkem/cachetools
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}setuptools>=46.4.0:devel/py-setuptools@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}wheel>=0:devel/py-wheel@${PY_FLAVOR}
 
 USES=		python
 USE_PYTHON=	autoplist concurrent pep517
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/py-cachetools/distinfo b/devel/py-cachetools/distinfo
index 31daaefddb22..a7ba106b455c 100644
--- a/devel/py-cachetools/distinfo
+++ b/devel/py-cachetools/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1709390516
-SHA256 (cachetools-5.3.3.tar.gz) = ba29e2dfa0b8b556606f097407ed1aa62080ee108ab0dc5ec9d6a723a007d105
-SIZE (cachetools-5.3.3.tar.gz) = 26522
+TIMESTAMP = 1721148492
+SHA256 (cachetools-5.4.0.tar.gz) = b8adc2e7c07f105ced7bc56dbb6dfbe7c4a00acce20e2227b3f355be89bc6827
+SIZE (cachetools-5.4.0.tar.gz) = 26975