diff --git a/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtension.java b/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtension.java
index 07d3a2d6c8..f0ddddf48b 100644
--- a/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtension.java
+++ b/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtension.java
@@ -25,6 +25,7 @@ import java.util.concurrent.ScheduledFuture;
 import java.util.concurrent.TimeUnit;
 import java.util.concurrent.locks.Lock;
 import java.util.concurrent.locks.ReentrantLock;
+import java.util.function.BiFunction;
 import java.util.function.Supplier;
 
 import org.eclipse.jdt.annotation.NonNullByDefault;
@@ -176,6 +177,12 @@ public class CacheScriptExtension implements ScriptExtensionProvider {
             return Objects.requireNonNull(cache.computeIfAbsent(key, k -> supplier.get()));
         }
 
+        @Override
+        @Nullable
+        public Object compute(String key, BiFunction<String, @Nullable Object, @Nullable Object> remappingFunction) {
+            return cache.compute(key, (k, v) -> remappingFunction.apply(k, v));
+        }
+
         private Collection<Object> values() {
             return cache.values();
         }
@@ -244,6 +251,24 @@ public class CacheScriptExtension implements ScriptExtensionProvider {
             }
         }
 
+        @Override
+        @Nullable
+        public Object compute(String key, BiFunction<String, @Nullable Object, @Nullable Object> remappingFunction) {
+            cacheLock.lock();
+            try {
+                Object value = sharedCache.compute(key, (k, v) -> remappingFunction.apply(k, v));
+                if (value == null) {
+                    sharedCacheKeyAccessors.remove(key);
+                } else {
+                    rememberAccessToKey(key);
+                }
+                logger.trace("COMPUTE to cache from '{}': '{}' -> '{}'", scriptIdentifier, key, value);
+                return value;
+            } finally {
+                cacheLock.unlock();
+            }
+        }
+
         private void rememberAccessToKey(String key) {
             Objects.requireNonNull(sharedCacheKeyAccessors.computeIfAbsent(key, k -> new HashSet<>()))
                     .add(scriptIdentifier);
diff --git a/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/shared/ValueCache.java b/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/shared/ValueCache.java
index 7aa8ecd950..1dbd9db798 100644
--- a/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/shared/ValueCache.java
+++ b/bundles/org.openhab.core.automation.module.script.rulesupport/src/main/java/org/openhab/core/automation/module/script/rulesupport/shared/ValueCache.java
@@ -12,6 +12,7 @@
  */
 package org.openhab.core.automation.module.script.rulesupport.shared;
 
+import java.util.function.BiFunction;
 import java.util.function.Supplier;
 
 import org.eclipse.jdt.annotation.NonNullByDefault;
@@ -62,4 +63,17 @@ public interface ValueCache {
      * @return the value associated with the key
      */
     Object get(String key, Supplier<Object> supplier);
+
+    /**
+     * Attempts to compute a mapping for the specified key and its current mapped value
+     * (or null if there is no current mapping).
+     * 
+     * See {@code java.util.Map.compute()} for details.
+     * 
+     * @param key the key of the requested value.
+     * @param remappingFunction the remapping function to compute a value.
+     * @return the new value associated with the specified key, or null if none
+     */
+    @Nullable
+    Object compute(String key, BiFunction<String, @Nullable Object, @Nullable Object> remappingFunction);
 }
diff --git a/bundles/org.openhab.core.automation.module.script.rulesupport/src/test/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtensionTest.java b/bundles/org.openhab.core.automation.module.script.rulesupport/src/test/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtensionTest.java
index 9648de2ffd..e2ae417a04 100644
--- a/bundles/org.openhab.core.automation.module.script.rulesupport/src/test/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtensionTest.java
+++ b/bundles/org.openhab.core.automation.module.script.rulesupport/src/test/java/org/openhab/core/automation/module/script/rulesupport/internal/CacheScriptExtensionTest.java
@@ -206,6 +206,28 @@ public class CacheScriptExtensionTest {
         cache.put(KEY2, VALUE2);
         assertThat(cache.get(KEY1), is(VALUE1));
         assertThat(cache.get(KEY2), is(VALUE2));
+
+        // computed value is returned
+        assertThat(cache.compute(KEY1, (k, v) -> VALUE1), is(VALUE1));
+        assertThat(cache.get(KEY1), is(VALUE1));
+        assertThat(cache.compute(KEY1, (k, v) -> VALUE2), is(VALUE2));
+        assertThat(cache.get(KEY1), is(VALUE2));
+        assertThat(cache.compute(KEY1, (k, v) -> null), nullValue());
+        assertThat(cache.get(KEY1), nullValue());
+
+        // remappingFunction is called with key and old value
+        cache.remove(KEY1);
+        cache.compute(KEY1, (k, v) -> {
+            assertThat(k, is(KEY1));
+            assertThat(v, nullValue());
+            return VALUE2;
+        });
+        cache.put(KEY1, VALUE1);
+        cache.compute(KEY1, (k, v) -> {
+            assertThat(k, is(KEY1));
+            assertThat(v, is(VALUE1));
+            return VALUE2;
+        });
     }
 
     private ValueCache getCache(CacheScriptExtension se, String scriptIdentifier, String type) {