cost of goods sold (COGS) is the directly attributable costs of products or services sold, (usually materials, labour, and direct production costs). Sales less COGS = gross profit. Effetively the same as cost of sales (COS) see below for fuller explanation.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). cost of goods sold (cogs). Retrieved October 1, 2026, from http://smartdefine.org/cost_of_goods_sold_(cogs)/definitions/1150918 |
| Chicago | Barry Goldsmith. 2010. "cost of goods sold (cogs)" http://smartdefine.org/cost_of_goods_sold_(cogs)/definitions/1150918 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, cost of goods sold (cogs), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/cost_of_goods_sold_(cogs)/definitions/1150918>. |
| MLA | Barry Goldsmith. "cost of goods sold (cogs)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/cost_of_goods_sold_(cogs)/definitions/1150918> |