Cost of Goods Sold
Context: Business
The direct costs attributable to goods a business sells during a reporting period.
What Does COGS Stand For?
COGS
Most common meaning
Cost of Goods Sold
The direct costs attributable to goods a business sells during a reporting period.
AT A GLANCE
COGS quick facts
- Full form
- Cost of Goods Sold
- Field / context
- Business
- Other meanings
- 0 additional meanings
- Written as
- COGS
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COGS meanings by context
How COGS is used in a sentence
These examples show the abbreviation in context. They are explanatory examples, not medical, legal or professional instructions.
BusinessCost of Goods Sold
βThe retailer subtracts COGS from sales revenue when calculating gross profit.β
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