Topgolf Callaway Brands (Topgolf Callaway Brands) Change In Inventory : $163 Mil (TTM As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Topgolf Callaway Brands Change In Inventory?

Topgolf Callaway Brands's change in inventory for the quarter that ended in Dec. 2023 was $-43 Mil. It means Topgolf Callaway Brands's inventory increased by $43 Mil from Sep. 2023 to Dec. 2023 .

Topgolf Callaway Brands's change in inventory for the fiscal year that ended in Dec. 2023 was $163 Mil. It means Topgolf Callaway Brands's inventory declined by $163 Mil from Dec. 2022 to Dec. 2023 .

Topgolf Callaway Brands's Total Inventories for the quarter that ended in Dec. 2023 was $794 Mil.

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 quarter that 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.

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 quarter that ended in Dec. 2023 was 0.85.

Topgolf Callaway Brands Change In Inventory Historical Data

The historical data trend for Topgolf Callaway Brands's Change In Inventory 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.

* Premium members only.

Topgolf Callaway Brands Change In Inventory Chart

Topgolf Callaway Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-33.95

117.00

-177.50

-442.40

163.20

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
Change In Inventory	Get a 7-Day Free Trial															-206.50	30.10	81.90	93.80	-42.60

Topgolf Callaway Brands Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $163 Mil.

Topgolf Callaway Brands (NYSE:MODG) Change In Inventory Explanation

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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	765.45	/	322.3	*	365 / 4
	=	216.72

2. 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 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	322.3	/	765.45
	=	0.42

3. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	765.45	/	897.1
	=	0.85

Topgolf Callaway Brands Change In Inventory Related Terms

Thank you for viewing the detailed overview of Topgolf Callaway Brands's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Topgolf Callaway Brands (Topgolf Callaway Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Topgolf Callaway Brands Corp (NYSE:MODG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CLY:Germany CLY:Germany

Address

2180 Rutherford Road, Carlsbad, CA, USA, 92008

Website

https://www.callawaygolf.com

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.

Executives

Laura Jean Flanagan	director	395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Brewer Oliver G Iii	officer: President and CEO	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Jennifer L. Thomas	officer: Chief Accounting Officer	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Erik J Anderson	director	1411 E MISSION AVE, SPOKANE WA 99202
Adebayo O. Ogunlesi	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92130
C. Matthew Turney	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Rebecca Fine	officer: EVP, Chief People Officer	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Brian P. Lynch	officer: SVP, G.C. & Corp Secretary	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Samuel H Armacost	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Varsha Rajendra Rao	director	6155 EL CAMINO REAL, CARLSBAD CA 92009
Bavan Holloway	director	8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Pep Tg Investments Lp	10 percent owner	C/O PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Glenn F. Hickey	officer: EVP, Callaway Golf	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Artie Starrs	officer: CEO, Topgolf	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Westriver Management, Llc	10 percent owner	920 5TH AVENUE, SUITE 3450, SEATTLE WA 98104