COGS Definition

COGS

Definition

Cost Of Goods Sold. On an income statement, the cost of purchasing raw materials and manufacturing finished products. Equal to the beginning inventory plus the cost of goods purchased during some period minus the ending inventory. also called cost of sales.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms on BusinessDictionary

inventory turnover

Popular 'Accounting' Terms

current ratio
equity
working capital
asset
EBITDA

revenue
net income
negotiable
net profit
net worth

COGS in the news

Tools

COGS is ...

... part of the Accounting subject.

Nearby Terms

CODA
code of procedure
codicil
coefficient of determination
COF Index
COGS
coin
coincident indicator
coinsurance
coinsurance effect
COLA

Search volume for COGS

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice