diff --git a/ChangeLog.md b/ChangeLog.md
index 99dd39dcb5..737dd19720 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -4,6 +4,9 @@
 
 Release notes:
 
+* The hash used as a key for Stack's pre-compiled package cache has changed,
+  following the dropping of support for Cabal versions older than `1.24.0.0`.
+
 **Changes since v2.13.1:**
 
 Major changes:
diff --git a/src/Stack/Build/Cache.hs b/src/Stack/Build/Cache.hs
index 8386e80f61..0b50773580 100644
--- a/src/Stack/Build/Cache.hs
+++ b/src/Stack/Build/Cache.hs
@@ -341,13 +341,13 @@ getTestStatus dir = do
 --
 -- We only pay attention to non-directory options. We don't want to avoid a
 -- cache hit just because it was installed in a different directory.
-getPrecompiledCacheKey :: HasEnvConfig env
-                    => PackageLocationImmutable
-                    -> ConfigureOpts
-                    -> Bool -- ^ build haddocks
-                    -> Set GhcPkgId -- ^ dependencies
-                    -> RIO env PrecompiledCacheKey
-getPrecompiledCacheKey loc copts buildHaddocks installedPackageIDs = do
+getPrecompiledCacheKey ::
+     HasEnvConfig env
+  => PackageLocationImmutable
+  -> ConfigureOpts
+  -> Bool -- ^ build haddocks
+  -> RIO env PrecompiledCacheKey
+getPrecompiledCacheKey loc copts buildHaddocks = do
   compiler <- view actualCompilerVersionL
   cabalVersion <- view cabalVersionL
 
@@ -359,28 +359,27 @@ getPrecompiledCacheKey loc copts buildHaddocks installedPackageIDs = do
   platformGhcDir <- platformGhcRelDir
 
   -- In Cabal versions 1.22 and later, the configure options contain the
-  -- installed package IDs, which is what we need for a unique hash.
-  -- Unfortunately, earlier Cabals don't have the information, so we must
-  -- supplement it with the installed package IDs directly.
-  -- See issue: https://github.com/commercialhaskell/stack/issues/1103
-  let input = (coNoDirs copts, installedPackageIDs)
+  -- installed package IDs, which is what we need for a unique hash. See also
+  -- issue: https://github.com/commercialhaskell/stack/issues/1103
+  let input = coNoDirs copts
       optionsHash = Mem.convert $ hashWith SHA256 $ encodeUtf8 $ tshow input
 
-  pure $ precompiledCacheKey platformGhcDir compiler cabalVersion packageKey optionsHash buildHaddocks
+  pure $ precompiledCacheKey
+    platformGhcDir compiler cabalVersion packageKey optionsHash buildHaddocks
 
 -- | Write out information about a newly built package
-writePrecompiledCache :: HasEnvConfig env
-                      => BaseConfigOpts
-                      -> PackageLocationImmutable
-                      -> ConfigureOpts
-                      -> Bool -- ^ build haddocks
-                      -> Set GhcPkgId -- ^ dependencies
-                      -> Installed -- ^ library
-                      -> [GhcPkgId] -- ^ sublibraries, in the GhcPkgId format
-                      -> Set Text -- ^ executables
-                      -> RIO env ()
-writePrecompiledCache baseConfigOpts loc copts buildHaddocks depIDs mghcPkgId sublibs exes = do
-  key <- getPrecompiledCacheKey loc copts buildHaddocks depIDs
+writePrecompiledCache ::
+     HasEnvConfig env
+  => BaseConfigOpts
+  -> PackageLocationImmutable
+  -> ConfigureOpts
+  -> Bool -- ^ build haddocks
+  -> Installed -- ^ library
+  -> [GhcPkgId] -- ^ sublibraries, in the GhcPkgId format
+  -> Set Text -- ^ executables
+  -> RIO env ()
+writePrecompiledCache baseConfigOpts loc copts buildHaddocks mghcPkgId sublibs exes = do
+  key <- getPrecompiledCacheKey loc copts buildHaddocks
   ec <- view envConfigL
   let stackRootRelative = makeRelative (view stackRootL ec)
   mlibpath <- case mghcPkgId of
@@ -399,23 +398,22 @@ writePrecompiledCache baseConfigOpts loc copts buildHaddocks depIDs mghcPkgId su
   -- reuse precompiled cache with haddocks also in case when haddocks are not
   -- required
   when buildHaddocks $ do
-    key' <- getPrecompiledCacheKey loc copts False depIDs
+    key' <- getPrecompiledCacheKey loc copts False
     savePrecompiledCache key' precompiled
  where
   pathFromPkgId stackRootRelative ipid = do
     ipid' <- parseRelFile $ ghcPkgIdString ipid ++ ".conf"
     stackRootRelative $ bcoSnapDB baseConfigOpts </> ipid'
 
--- | Check the cache for a precompiled package matching the given
--- configuration.
-readPrecompiledCache :: forall env. HasEnvConfig env
-                     => PackageLocationImmutable -- ^ target package
-                     -> ConfigureOpts
-                     -> Bool -- ^ build haddocks
-                     -> Set GhcPkgId -- ^ dependencies
-                     -> RIO env (Maybe (PrecompiledCache Abs))
-readPrecompiledCache loc copts buildHaddocks depIDs = do
-  key <- getPrecompiledCacheKey loc copts buildHaddocks depIDs
+-- | Check the cache for a precompiled package matching the given configuration.
+readPrecompiledCache ::
+     forall env. HasEnvConfig env
+  => PackageLocationImmutable -- ^ target package
+  -> ConfigureOpts
+  -> Bool -- ^ build haddocks
+  -> RIO env (Maybe (PrecompiledCache Abs))
+readPrecompiledCache loc copts buildHaddocks = do
+  key <- getPrecompiledCacheKey loc copts buildHaddocks
   mcache <- loadPrecompiledCache key
   maybe (pure Nothing) (fmap Just . mkAbs) mcache
  where
diff --git a/src/Stack/Build/Execute.hs b/src/Stack/Build/Execute.hs
index 40aab48446..5223492924 100644
--- a/src/Stack/Build/Execute.hs
+++ b/src/Stack/Build/Execute.hs
@@ -1719,7 +1719,6 @@ singleBuild ac@ActionContext {..} ee@ExecuteEnv {..} task@Task {..} installedMap
                  loc
                  (configCacheOpts cache)
                  (configCacheHaddock cache)
-                 (configCacheDeps cache)
         case mpc of
           Nothing -> pure Nothing
           -- Only pay attention to precompiled caches that refer to packages
@@ -2071,7 +2070,6 @@ singleBuild ac@ActionContext {..} ee@ExecuteEnv {..} task@Task {..} installedMap
           loc
           (configCacheOpts cache)
           (configCacheHaddock cache)
-          (configCacheDeps cache)
           mpkgid sublibsPkgIds (packageExes package)
       _ -> pure ()