COGS Calculator

Calculate your Cost of Goods Sold using beginning inventory, purchases, and ending inventory.

Beginning Inventory

Purchases

Ending Inventory

The COGS formula helps businesses track their direct costs and make informed decisions about pricing, inventory management, and profitability.

1
Track Beginning Inventory
Record your inventory value at the start of the period.
2
Add Purchases
Include all inventory purchases made during the period.
3
Subtract Ending Inventory
Deduct the value of remaining inventory at period end.

Understanding your COGS is crucial for making informed business decisions and maintaining healthy profit margins.

Pricing Strategy
Set competitive prices while maintaining profit margins.
Inventory Management
Optimize stock levels and reduce carrying costs.
Financial Planning
Make informed decisions about business growth and investment.