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Solve Accounts Receivable Turnover, Days to collect, and Inventory Turnover ACCOUNTS RECEIVABLE TURNOVER Net Credit Sales Average Accounts Receivable DAYS TO COLLECT 365 365 365

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ACCOUNTS RECEIVABLE TURNOVER Net Credit Sales Average Accounts Receivable DAYS TO COLLECT 365 365 365 Accounts Recievable Turnover Ratio 1 2 14 INVENTORY TURNOVER 45 43 47 Net Sales Average Inventory at Selling Price 6 7 8 Accounts Receivable, net 9 Inventories 10 Current Assets 11 Total Assets 12 Current Liabilities 13 Total Liabilities 14 Total Shareholders' Equity 15 Total Liabilities & Shareholders' Equity Year Ended December 31, 2020 2019 2018 138,482 140,455 71,374 352,544 456,639 338,057 912,627 789,350 524,906 1,980,600 1,960,548 1,052,944 391,272 523,246 303,237 1,304,956 1,193,195 318,636 675,644 767,353 734,308 1,980,600 1,960,548 1,052,944 16 December 11 2020 December 31 2019 $ 1,589.4605 1,701,0635 931,875 934,276 657.58S 766.787 S Amount (111,603) 02.401) (109,2021 Percentages 6.6% -0.3% -14.2% 138,2385 145,302 S 50,579 $ (46,423) 5,414 (4,279) -10 6N 3.7 -8.5% Period Ending Net Sales 1 Cost of Sales 2 Gross Profit 3 Operating Expenses -4 Selling Expense 5 General and Administrative Expense 16 Research and dwelopment expense 27 Goodwill and trade name implement 28 Total operating expense 19 (loss income from operations 20 Interest income 21 interest expense 22 other income, net 23 Los) income before income taxes 24 income tax Chenelit) provision 25 NetLoss income 26 Less Net (Los) income attributable to non-controlling interests 27 Neo income attributable to Callaway Golf Company 28 Loss) earnings per common share 29 Basic 30 Diluted 31 Weighted-acere common shares outstanding 32 Basic 33 Diluted 34 391,815 150,716 46,300 174,269 763.100 105,515) 492 (47,424) 24,969 1127,478) (544.00) (126,934) 634,119 $ 132,668 S 3075 09,100) 1,594 S 95,769 $ 16,540 79,229 5 128,981 (238,183) (315) (8,124) 23,375 0223,247) (17,084) (206,163) 20.3% -179.5% -39.0 20.7% 1466.4 -233.15 -103.3% -2602 $ (126,934) $ 1791 79,408 $ (206,142) 5 (1.35) (135) 0.85 0.825 (2) 5 2607 2646 021 94,201 94,251 5 96,287 94,201 (50) 12,086) -0.1N 22

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