diff --git a/tools/mtools/Makefile b/tools/mtools/Makefile
index 9f9b09a91b..b7fdcb388d 100644
--- a/tools/mtools/Makefile
+++ b/tools/mtools/Makefile
@@ -7,11 +7,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=mtools
-PKG_VERSION:=4.0.23
+PKG_VERSION:=4.0.24
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.bz2
 PKG_SOURCE_URL:=@GNU/$(PKG_NAME)
-PKG_HASH:=f188db26751aeb5692a79b2380b440ecc05fd1848a52f869d7ca1193f2ef8ee3
+PKG_HASH:=24f4a2da9219f98498eb1b340cd96db7ef9b684c067d1bdeb6e85efdd13b2fb9
 
 HOST_BUILD_PARALLEL:=1