diff --git a/pkgs/development/python-modules/poetry-dynamic-versioning/default.nix b/pkgs/development/python-modules/poetry-dynamic-versioning/default.nix
index 9c6440cd4c32..052cb9c4d7d6 100644
--- a/pkgs/development/python-modules/poetry-dynamic-versioning/default.nix
+++ b/pkgs/development/python-modules/poetry-dynamic-versioning/default.nix
@@ -12,7 +12,7 @@
 
 buildPythonPackage rec {
   pname = "poetry-dynamic-versioning";
-  version = "1.0.1";
+  version = "1.2.0";
   format = "pyproject";
 
   disabled = pythonOlder "3.7";
@@ -21,7 +21,7 @@ buildPythonPackage rec {
     owner = "mtkennerly";
     repo = pname;
     rev = "refs/tags/v${version}";
-    hash = "sha256-BGAo3c0TzyhIiDtZjoEP+Eeu51WJB3Wg71poFMWJ+VM=";
+    hash = "sha256-qkRnlLLzbYf7C2VjPDjYfllej8an4WftNahPLz/Wkxw=";
   };
 
   nativeBuildInputs = [