Callaway Days Of Inventory On Hand from 2010 to 2024

MODG Stock  USD 8.85  0.26  3.03%   
Callaway Golf's Days Of Inventory On Hand is decreasing over the last several years with stable swings. Days Of Inventory On Hand is predicted to flatten to 117.32. During the period from 2010 to 2024 Callaway Golf Days Of Inventory On Hand regressed destribution of quarterly values had coefficient of variationof  22.66 and r-value of (0.20). View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
176.92110562
Current Value
117.32
Quarterly Volatility
37.93242449
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Callaway Golf financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Callaway Golf's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Interest Expense of 220.7 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0 or PTB Ratio of 0.65. Callaway financial statements analysis is a perfect complement when working with Callaway Golf Valuation or Volatility modules.
  
Check out the analysis of Callaway Golf Correlation against competitors.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Latest Callaway Golf's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Callaway Golf over the last few years. It is Callaway Golf's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Callaway Golf's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

Callaway Days Of Inventory On Hand Regression Statistics

Arithmetic Mean167.42
Geometric Mean163.88
Coefficient Of Variation22.66
Mean Deviation27.76
Median156.83
Standard Deviation37.93
Sample Variance1,439
Range150
R-Value(0.20)
Mean Square Error1,487
R-Squared0.04
Significance0.47
Slope(1.71)
Total Sum of Squares20,144

Callaway Days Of Inventory On Hand History

2024 117.32
2023 176.92
2022 220.94
2021 153.3
2020 138.09
2019 178.4
2018 185.7

About Callaway Golf Financial Statements

Callaway Golf stakeholders use historical fundamental indicators, such as Callaway Golf's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Callaway Golf investors may analyze each financial statement separately, they are all interrelated. For example, changes in Callaway Golf's assets and liabilities are reflected in the revenues and expenses on Callaway Golf's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Callaway Golf. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 176.92  117.32 

Currently Active Assets on Macroaxis

When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:
Check out the analysis of Callaway Golf Correlation against competitors.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callaway Golf. If investors know Callaway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callaway Golf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
(0.07)
Revenue Per Share
22.907
Quarterly Revenue Growth
(0.03)
Return On Assets
0.013
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.