Callaway Golf Co (FRA:CLY) Days Payable: 27.28 (As of Mar. 2026) — Near Median


FRA:CLY Callaway Golf Co FRA:CLY
72 GF Score
Price €16.71
GF Value €10.35
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Callaway Golf Co Days Payable?

Callaway Golf Co FRA:CLY -0.54% 72 Days Payable is 27.28 as of Mar. 2026, which is 7% below its 10-year median of 29.47. GuruFocus rates FRA:CLY with a GF Score™ of 72/100 and a GF Value™ of €10.35 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 780 Travel & Leisure companies, Callaway Golf Co ranks worse than 66.79% on this metric.

Callaway Golf Co's average Accounts Payable for the three months ended in Mar. 2026 was €93 Mil. Callaway Golf Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €312 Mil. Hence, Callaway Golf Co's Days Payable for the three months ended in Mar. 2026 was 27.28.

The historical rank and industry rank for Callaway Golf Co's Days Payable or its related term are showing as below:

FRA:CLY' s Days Payable Range Over the Past 10 Years
Min: 21.55   Med: 29.47   Max: 43.87
Current: 36.16

During the past 13 years, Callaway Golf Co's highest Days Payable was 43.87. The lowest was 21.55. And the median was 29.47.

FRA:CLY's Days Payable is ranked worse than
66.79% of 780 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs FRA:CLY: 36.16

Callaway Golf Co's Days Payable increased from Mar. 2025 (26.28) to Mar. 2026 (27.28). It may suggest that Callaway Golf Co delayed paying its suppliers.


Callaway Golf Co Days Payable Historical Data

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The historical data trend for Callaway Golf Co's Days Payable 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.

Callaway Golf Co Days Payable Chart

Callaway Golf Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.78 33.30 44.58 28.69 27.33

Callaway Golf Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.28 29.73 28.84 270.85 27.28

FRA:CLY vs YETI, OSW, MAT: Days Payable Comparison

For the Leisure subindustry, Callaway Golf Co's Days Payable, along with its competitors' market caps and Days Payable 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.


Callaway Golf Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Callaway Golf Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Callaway Golf Co's Days Payable falls into.


FRA:CLY
72GF Score
Callaway Golf Co FRA:CLY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Callaway Golf Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Callaway Golf Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (58.924 + 93.598) / 2 ) / 1018.395*365
=76.261 / 1018.395*365
=27.33

Callaway Golf Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (93.598 + 92.987) / 2 ) / 312.092*365 / 4
=93.2925 / 312.092*365 / 4
=27.28

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 27.28 mean?
Callaway Golf Co (FRA:CLY) has a Days Payable of 27.28 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Callaway Golf Co and its competitors. This is near median its historical median of 29.47. Over the past decade, Callaway Golf Co's Days Payable has ranged from 21.55 to 43.87. According to the industry distribution chart, Callaway Golf Co ranks #521 out of 780 companies in the Travel & Leisure industry, placing it in the top 66.8%.
Is Callaway Golf Co's Days Payable too high?
Callaway Golf Co's current Days Payable of 27.28 is near median its 10-year median of 29.47. Over the past 10 years, this metric has ranged from a low of 21.55 to a high of 43.87. The Travel & Leisure industry median Days Payable is 56.53. Callaway Golf Co's value of 27.28 is 51.7% below this industry median. Based on the distribution chart, Callaway Golf Co ranks #521 out of 780 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Callaway Golf Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Callaway Golf Co's Days Payable compare to YETI and OSW?
According to the Travel & Leisure industry distribution chart, Callaway Golf Co ranks #521 out of 780 companies for Days Payable. This places Callaway Golf Co in the lower half of its industry. The industry median Days Payable is 56.53. Callaway Golf Co's value of 27.28 is 51.7% below this benchmark. Historically, Callaway Golf Co's own Days Payable has ranged from 21.55 to 43.87 over the past decade. While the company's 10-year median is 29.47 vs. the industry median of 56.53, Callaway Golf Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 780 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Callaway Golf Co's current Days Payable of 27.28 is 51.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Callaway Golf Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Callaway Golf Co's current Days Payable is 27.28, which is near median its own 10-year median of 29.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Callaway Golf Co stock overvalued right now?
Based on GuruFocus' analysis, Callaway Golf Co (FRA:CLY) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.35, compared to a current price of €16.71 — trading 61.4% above its estimated fair value. The current Days Payable is 27.28, which is near median its 10-year median of 29.47 and 51.7% below the Travel & Leisure industry median of 56.53. Callaway Golf Co's overall GF Score™ is 72/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Callaway Golf Co (FRA:CLY), the current Days Payable is 27.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Callaway Golf Co (FRA:CLY) Overvalued in 2026?

Based on GuruFocus' analysis, Callaway Golf Co stock appears to be overvalued. The current stock price of €16.71 is trading 61.4% above its estimated GF Value™ of €10.35. GuruFocus considers Callaway Golf Co to be Significantly Overvalued.

Key valuation signals for FRA:CLY:

  • Days Payable: 27.28 (near median its 10-year median of 29.47)
  • GF Value™: €10.35 vs. price of €16.71 (61.4% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 51.7% below the Travel & Leisure median (#521 of 780)

No single metric tells the full story. See the FRA:CLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Callaway Golf Co Business Description

Other Exchanges CALY:USACLY:Germany
Address 2180 Rutherford Road, Carlsbad, CA, USA, 92008
Callaway Golf Co is a golf equipment, gear and apparel company with a portfolio of world-wide brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. Callaway designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories-setting the standard for performance in the game of golf. The company has two operating and reportable business segments: Golf Equipment and Apparel, Gear and Other. Geographically, the company operates in United States, Europe, Asia, and Rest of World, of which it derives maximum revenue from United States.
72GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.71
Price
€10.35
GF Value