diff --git a/erpnext/buying/doctype/purchase_order/purchase_order.py b/erpnext/buying/doctype/purchase_order/purchase_order.py
index 5d1dfafc3c9c..9d4846056eaf 100644
--- a/erpnext/buying/doctype/purchase_order/purchase_order.py
+++ b/erpnext/buying/doctype/purchase_order/purchase_order.py
@@ -457,6 +457,7 @@ def update_ordered_qty_in_so_for_removed_items(self, removed_items):
 			)
 
 
+@frappe.request_cache
 def item_last_purchase_rate(name, conversion_rate, item_code, conversion_factor=1.0):
 	"""get last purchase rate for an item"""