diff --git a/package/python-async-lru/python-async-lru.hash b/package/python-async-lru/python-async-lru.hash
index bd875cde78..e6a2894605 100644
--- a/package/python-async-lru/python-async-lru.hash
+++ b/package/python-async-lru/python-async-lru.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/async-lru/json
-md5  11ff9ba26a6a52d3ec751a57dcacbde5  async_lru-2.3.0.tar.gz
-sha256  89bdb258a0140d7313cf8f4031d816a042202faa61d0ab310a0a538baa1c24b6  async_lru-2.3.0.tar.gz
+md5  6cdb23de8d478e63e613176eab38bfe4  async_lru-2.4.0.tar.gz
+sha256  b0b0077d9b7596615b3c12d0aad4f6aeccaaa0ac75ceae472608ede89e764c08  async_lru-2.4.0.tar.gz
 # Locally computed sha256 checksums
 sha256  ea65975679bc2093be925d520358e41096bd96fddedee3e929160a5faadcf573  LICENSE
diff --git a/package/python-async-lru/python-async-lru.mk b/package/python-async-lru/python-async-lru.mk
index 2825c46053..ff33383524 100644
--- a/package/python-async-lru/python-async-lru.mk
+++ b/package/python-async-lru/python-async-lru.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_ASYNC_LRU_VERSION = 2.3.0
+PYTHON_ASYNC_LRU_VERSION = 2.4.0
 PYTHON_ASYNC_LRU_SOURCE = async_lru-$(PYTHON_ASYNC_LRU_VERSION).tar.gz
-PYTHON_ASYNC_LRU_SITE = https://files.pythonhosted.org/packages/e8/1f/989ecfef8e64109a489fff357450cb73fa73a865a92bd8c272170a6922c2
+PYTHON_ASYNC_LRU_SITE = https://files.pythonhosted.org/packages/8f/43/9d22679e8dd0ed965182cca990d32c68b150730cce8046ad61b3179b5b7a
 PYTHON_ASYNC_LRU_SETUP_TYPE = setuptools
 PYTHON_ASYNC_LRU_LICENSE = MIT
 PYTHON_ASYNC_LRU_LICENSE_FILES = LICENSE