What is the meaning of COGS (COST OF GOODS) RATIO?

COGS > COST OF GOODS
= COGS / Total Sales.
Barry Goldsmith
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APABarry Goldsmith. (2010). COGS (COST OF GOODS) RATIO. Retrieved September 25, 2026, from http://smartdefine.org/cogs_(cost_of_goods)_ratio/definitions/1150133
ChicagoBarry Goldsmith. 2010. "COGS (COST OF GOODS) RATIO" http://smartdefine.org/cogs_(cost_of_goods)_ratio/definitions/1150133 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, COGS (COST OF GOODS) RATIO, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/cogs_(cost_of_goods)_ratio/definitions/1150133>.
MLABarry Goldsmith. "COGS (COST OF GOODS) RATIO" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/cogs_(cost_of_goods)_ratio/definitions/1150133>