Cost of Goods Sold Calculator
Cost of Goods Sold (COGS) Calculator: Calculate Your Production Costs
Estimate your Cost of Goods Sold (COGS) with this user-friendly COGS Calculator. Input your beginning inventory, purchases, and ending inventory using the keypad, and get a detailed breakdown of your COGS. Perfect for businesses tracking direct production costs!
How It Works
Enter your beginning inventory, purchases, and ending inventory, then click “Calculate” to see your COGS. The calculator displays the result and step-by-step calculations, scrolls to the result, and offers options to copy or share your results.
Cost of Goods Sold (COGS) Calculator
Result
COGS:
Beginning Inventory:
Purchases:
Ending Inventory:
Steps
About Cost of Goods Sold (COGS) Calculator
The Cost of Goods Sold Calculator computes your Cost of Goods Sold by adding beginning inventory and purchases, then subtracting ending inventory. It’s a simple tool to help businesses track direct production costs.
How to Use
- Enter your beginning inventory, purchases, and ending inventory using the keypad or keyboard. Use the arrow buttons to navigate between input fields.
- Click the “Calculate” button to compute your COGS. The page will scroll to the result.
- The result and detailed step-by-step calculations will be displayed below.
- Use the “Copy Result” button to copy the COGS, beginning inventory, purchases, ending inventory, and steps.
- Share your result on Twitter, WhatsApp, or Facebook, or copy an embed code to include the calculator or result on your website using the share buttons.
Formulas
COGS is calculated as:
Where:
- Beginning Inventory is the value of inventory at the start of the period (USD).
- Purchases are additional inventory costs incurred during the period (USD).
- Ending Inventory is the value of inventory at the end of the period (USD).
Important Notes
- Inputs must be valid non-negative numbers. Invalid inputs will trigger an error.
- Clipboard access requires a secure context (HTTPS). If copying fails, try accessing the calculator over HTTPS or copy manually.
- The calculator assumes USD; no currency conversion is provided.
- Negative COGS is possible if ending inventory exceeds beginning inventory plus purchases, reflecting inventory adjustments.