Callaway Golf Co (FRA:CLY) Inventory Turnover: 0.59 (As of Mar. 2026)

What is Callaway Golf Co Inventory Turnover?

Callaway Golf Co FRA:CLY -0.25% 72 Inventory Turnover is 0.59 as of Mar. 2026. GuruFocus rates FRA:CLY with a GF Score™ of 72/100 and a GF Value™ of €10.56 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Callaway Golf Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €312 Mil. Callaway Golf Co's Average Total Inventories for the quarter that ended in Mar. 2026 was €525 Mil. Callaway Golf Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Callaway Golf Co's Days Inventory for the three months ended in Mar. 2026 was 153.48.

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. Callaway Golf Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.88.

Callaway Golf Co (FRA:CLY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Callaway Golf Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	524.946	/	312.092	*	365 / 4
	=	153.48

2. 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.

Callaway Golf Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	524.946	/	594.687
	=	0.88

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Callaway Golf Co Inventory Turnover Related Terms

Callaway Golf Co Inventory Turnover Historical Data

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The historical data trend for Callaway Golf Co's Inventory Turnover can be seen below:

Callaway Golf Co Inventory Turnover Chart

Callaway Golf Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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2.95

2.17

1.35

1.71

1.80

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
Inventory Turnover	Get a 7-Day Free Trial															0.53	0.62	0.55	0.06	0.59

72GF Score

Callaway Golf Co FRA:CLY

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Callaway Golf Co Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	1018.395	/ (	(599.931	+	534.006)	/	2 )
=	1018.395	/	566.9685
=	1.80

Callaway Golf Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	312.092	/ (	(534.006	+	515.886)	/	2 )
=	312.092	/	524.946
=	0.59

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.59 mean?

Callaway Golf Co (FRA:CLY) has a Inventory Turnover of 0.59 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Callaway Golf Co and its competitors.

Is Callaway Golf Co's Inventory Turnover too high?

Callaway Golf Co's current Inventory Turnover is 0.59. 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 Inventory Turnover compare to YETI and OSW?

Callaway Golf Co's Inventory Turnover of 0.59 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Travel & Leisure company?

A good Inventory Turnover depends on the Travel & Leisure industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Callaway Golf Co and its competitors. Callaway Golf Co's current Inventory Turnover is 0.59. 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 €10.56, compared to a current price of €15.91 — trading 50.6% above its estimated fair value. The current Inventory Turnover is 0.59. 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 Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Callaway Golf Co (FRA:CLY), the current Inventory Turnover is 0.59 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 €15.91 is trading 50.6% above its estimated GF Value™ of €10.56. GuruFocus considers Callaway Golf Co to be Significantly Overvalued.

Key valuation signals for FRA:CLY:

Inventory Turnover: 0.59
GF Value™: €10.56 vs. price of €15.91 (50.6% above fair value)
GF Score™: 72/100 with 11 warning signs

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

Industry Consumer Cyclical Travel & Leisure

Comparable Companies YETI OSW MAT PLNT PTON FUN PRKS LUCK TRON JOUT HKSE:09992 TSE:4661 HKSE:02020 AS TSE:7832 HAS LSE:GAW TSE:7309 LTH GOLF

Other Exchanges CALY:USA CLY:Germany

Address 2180 Rutherford Road, Carlsbad, CA, USA, 92008

Website https://ir.callawaygolf.com

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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€15.91

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€10.56

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