Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Topgolf Callaway Brands's Average Total Inventories for the quarter that ended in Dec. 2023 was $765 Mil. Topgolf Callaway Brands's Revenue for the
three
months ended in Dec. 2023 was $897 Mil.
Topgolf Callaway Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.85.
Topgolf Callaway Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.76) to Sep. 2023 (0.85)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Topgolf Callaway Brands's Days Inventory for the
three
months ended in Dec. 2023 was 216.72.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Topgolf Callaway Brands's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.42.
Topgolf Callaway Brands Inventory-to-Revenue Historical Data
The historical data trend for Topgolf Callaway Brands's Inventory-to-Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Topgolf Callaway Brands Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.23
0.26
0.14
0.19
0.21
Topgolf Callaway Brands Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Inventory-to-Revenue
0.99
0.81
0.75
0.76
0.85
Competitive Comparison
For the Leisure subindustry, Topgolf Callaway Brands's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Topgolf Callaway Brands Inventory-to-Revenue Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Topgolf Callaway Brands's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Topgolf Callaway Brands's Inventory-to-Revenue falls into.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Topgolf Callaway Brands's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Topgolf Callaway Brands's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Topgolf Callaway Brands Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Topgolf Callaway Brands's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Topgolf Callaway Brands (Topgolf Callaway Brands) Business Description
Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories. It operates in the below segments: Topgolf; Golf Equipment and Active Lifestyle. Some of its brands are Odyssey, OGIO, TravisMathew, and Jack Wolfskin. Its geographical segments are the United States, Europe, Japan, and the Rest of the World. Majority of the revenue is earned from United States.
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