Cost of Goods Sold Calculator

Calculate COGS from inventory and purchases.

Cost of goods sold ($) 55,000

Formula: COGS = beginning + purchases − ending

Step-by-step with your numbers:
1. Values used:
2. Beginning inventory = 20,000 $
3. Purchases = 50,000 $
4. Ending inventory = 15,000 $
5.
6. Cost of goods sold = 55,000$
Did we solve your problem today?

COGS is the direct cost of the goods a business sold in a period.

The math behind it

COGS = beginning inventory + purchases − ending inventory.

Worked example

$20k + $50k − $15k → $55k.

FAQ

Includes labor?

Direct production labor and materials, yes; not overhead/admin.