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Cost of Goods Sold Calculator

Calculate the direct cost of the products you sold in a period.

$

Value of inventory at the start of the period.

$
$

For example freight-in or direct labour.

$

Value of inventory at the end of the period.

$

Add this to see your gross profit and margin.

calculate

Enter your numbers to see your results here.

This tool gives estimates for general information only. It is not tax, legal or financial advice, and 24MAGIC is not a CPA firm. Please check your own situation with a qualified professional.

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24MAGIC provides bookkeeping, transaction reconciliation, and financial back-office support services for businesses. 24MAGIC is not a Certified Public Accounting (CPA) firm and does not provide licensed public accounting services, including audits, attestations, examinations, reviews, certifications, or any other services requiring CPA licensure.

Our services are designed to support your everyday bookkeeping and financial operations and are not a replacement for professional accounting, tax, financial, or legal advice. 24MAGIC is not affiliated with or governed by the American Institute of Certified Public Accountants (AICPA).

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