diff --git a/mingw-w64-icoutils/PKGBUILD b/mingw-w64-icoutils/PKGBUILD
index 90f72214d73b0..e7fcbc2f819f3 100644
--- a/mingw-w64-icoutils/PKGBUILD
+++ b/mingw-w64-icoutils/PKGBUILD
@@ -3,7 +3,7 @@
 _realname=icoutils
 pkgbase=mingw-w64-${_realname}
 pkgname="${MINGW_PACKAGE_PREFIX}-${_realname}"
-pkgver=0.31.3
+pkgver=0.32.0
 pkgrel=1
 arch=('any')
 pkgdesc="Create and extract MS Windows icons and cursors (mingw-w64)"
@@ -12,7 +12,7 @@ options=('strip' 'staticlibs')
 license=("GPL 2")
 url="http://www.nongnu.org/icoutils/"
 source=(https://savannah.nongnu.org/download/${_realname}/${_realname}-${pkgver}.tar.bz2)
-sha256sums=('d4651de8e3f9e28d24b5343a2b7564f49754e5fe7d211c5d4dd60dcd65c8a152')
+sha256sums=('17234d6e922f5dcd2dc8351a4b3535a2f348bb9b92c17ca3e438132147019ca6')
 
 prepare() {
   cd "${srcdir}"/${_realname}-${pkgver}