Cost of Goods Sold Calculator
Calculate COGS from beginning inventory, purchases, and ending inventory.
COGS = Beginning Inventory + Purchases − Ending Inventory
If beginning inventory is 30,000, purchases are 50,000, and ending inventory is 20,000, COGS is 60,000.
Enter the requested values, then the calculator applies the formula and shows the main result, supporting result, and formula used.
Use this calculator for pricing, sales planning, stock decisions, business reporting, and simple financial checks.
Common mistakes include mixing revenue with profit, using the wrong period, forgetting costs, and not checking the formula assumptions.
Examples
Example 1
If beginning inventory is 30,000, purchases are 50,000, and ending inventory is 20,000, COGS is 60,000.
Use the calculator above for your own numbers.Example 2
Change the inputs to test another business scenario.
Results update instantly.Example 3
Compare different values to understand the effect on the final answer.
Useful for planning.When to Use This Calculator
- Business planning
- Pricing decisions
- Sales and inventory checks
- Profit review
- Simple reporting
How It Works
- Enter your figures.
- Click calculate or edit values.
- Review the result and formula used.
Common Mistakes
- Using the wrong period
- Forgetting some costs
- Confusing markup and margin
- Rounding too early
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Frequently Asked Questions
What is the Cost of Goods Sold Calculator?
It is a free online tool for calculating this business figure quickly using a simple formula.
Can I use this calculator for my business?
Yes. It is useful for quick estimates, but you should review important decisions with your accountant or advisor.
Can I change the currency?
Yes. Where money values are used, you can select common currencies such as USD, UGX, GBP, and EUR.
Are the results instant?
Yes. The calculator updates when you enter or change values.
Is this a replacement for accounting software?
No. It is a simple calculation tool for estimates and checks.