Cost of Sales

Cost of Sales
Also known as cost of goods sold, this number represents the expenses most directly involved in creating revenue, such as labour costs, raw materials (for manufacturers), or the wholesale price of goods (for retailers).

Cost of Sales
Cost of materials and labour required to produce products or services. Gross profit is sales minus cost of sales.
Coupon Rate ...

Cost of Sales
The total cost of expenses incurred from producing products or services.
Coupon Rate ...

Cost of sales (also known as cost of goods sold (CoGs) includes variable costs and fixed costs directly linked to the sale, such as material costs, labor, supplier profit, shipping costs, etc.

Cost of Sales / Cost of Goods Sold
Selling, General, and Administrative (SG&A)
Depreciation / Amortization
Other Operating Expenses
Interest Expense / Interest Income
Income Taxes
Cost of Sales / Cost of Goods Sold ...

Cost of Sales/Inventories
Inventories soak up capital. Cash that's been converted into inventory sitting in a warehouse can't be used for anything else.

Also called cost of sales, COGS is the total direct expenses incurred in the production of a good. COGS includes the cost of materials used to make that good and the cost of labor to produce it.

Also called the Cost of Sales and listed on the Income Statement, the Cost of Goods Sold is the cost to the company the products or services they sell. The Cost of Goods Sold is typically the first item under Net Sales on the Income Statement.

Latest 12 months' cost of sales divided by the average inventory from the most recent quarter and the year earlier quarter. The resulting inventory turnover rate is an indicator of how well the company's products are succeeding in the marketplace.

Sales revenues less cost of sales, operating expenses, and interest, before taxes have been paid.
Related topics:
Net profit ...

earnings Calculated by the following: Total Revenues minus cost of sales, operating expenses,... Earnings Before Interest and Taxes Abbreviated as EBIT. A measure of a firm's earning power from ongoing operations,...

Inventory turnover ratio compares a company's cost of sales on its income statement with its average inventory balance for the period.

Income is calculated as revenue minus cost of sales (includes operating expenses, taxes, etc.). Income is the main reason corporations even exist.

If the cost of sales and marketing, per unit or per customer, is less than the gross margin, then the company's model is scalable. For every dollar spent on marketing more than a dollar is generated in gross margin, provided there is demand.

It is the ratio of annual cost of sales to the lastest inventory. One can also interpret the ratio as the time to which inventory is held. For example a ratio of 26 implies that investory is held, on average, for two weeks.

Gross Profit
The net sales before tax minus cost of sales.
Growth and Income Funds
Mutual funds that invest in companies whose earnings are expected to grow, sacrificing some future profits in order to provide current income.

Gross margin, the percentage of sales left after deducting the cost of sales, dropped 220 basis points to 54.2 percent from 56.4 percent last year, due mainly to ongoing efforts to manage inventory.

The advantage of using LIFO is that the prices used to calculated the cost of sales, and therefore the gross profit number, are more recent: and therefore more closely reflect their economic value.

In 2007 Dell's accounts payable was 10,430 (number in millions) and the cost of sales was 47,433. So to calculate the days payables outstanding we would take (10,430/47,433) * 365 = 80.25.

is the value created for a business from its inventory. It is a simple equation: inventory sales value - cost of sales = net realisable value.
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Income statement: The financial statement showing a corporation's performance over a period of time, such as a month, a quarter, or a year. The income statement shows revenues, cost of sales, and expenses.

See also: Sales, Market, Profit, Investment, Revenue