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Cost of Goods Sold Calculator
Calculate Cost of Goods Sold (COGS) from beginning inventory, purchases during the period, and ending inventory.
How to Use Cost of Goods Sold Calculator
- 1Enter your beginning inventory value
- 2Enter your purchases during the period
- 3Enter your ending inventory value
- 4Click Calculate to see your COGS
Frequently Asked Questions
COGS = Beginning Inventory + Purchases During the Period − Ending Inventory. This measures the cost of the inventory actually sold during the period.
Your total cost of new inventory bought or manufactured during the period — not the same as revenue from sales, this is what you spent acquiring/producing goods.
Use it with the Gross Profit Calculator (Revenue − COGS) to see your gross profit and margin.
Not directly — this formula is designed for businesses that hold physical inventory. Service businesses typically track 'cost of services' differently, without an inventory component.
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