Cost of Goods Sold Table: Cost of goods sold by Opening inventory
Reference table of cost of goods sold for Cost of Goods Sold across a range of opening inventory values — exact, engine-computed figures you can read off at a glance.
Cost of Goods Sold Calculator
Verified formula Updated Jun 2026 Private — runs on your device
Verified formula
Private
Cost of goods sold
₹27,00,000
- Goods available for sale
- ₹35,00,000
For general information only — not financial, tax, legal or medical advice. Verify before you rely on it.
How to use the Cost of Goods Sold Calculator
The Cost of Goods Sold Calculator works out your cost of goods sold, along with 1 related figure in an instant. Enter opening inventory, purchases during period and closing inventory and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.
- Enter the opening inventory.
- Enter the purchases during period.
- Enter the closing inventory.
- Read off your cost of goods sold, together with goods available for sale — the calculator updates automatically, with no button to press.
Formula
The Cost of Goods Sold Calculator uses the formula:
Cost of goods sold = Opening inventory + Purchases during period - Closing inventory
Worked example
For example, with opening inventory of ₹500,000, purchases during period of ₹3,000,000 and closing inventory of ₹800,000, the cost of goods sold is ₹27,00,000.
| Opening inventory | ₹500,000 |
|---|---|
| Purchases during period | ₹3,000,000 |
| Closing inventory | ₹800,000 |
| Cost of goods sold | ₹27,00,000 |
|---|---|
| Goods available for sale | ₹35,00,000 |
Results are estimates for educational use, not professional advice.
Key terms explained
- Cost of goods sold
- The direct cost of producing the goods a business sells (COGS).
Frequently asked questions
COGS = opening inventory + purchases − closing inventory. With 5,00,000 opening, 30,00,000 purchases and 8,00,000 closing, COGS is 27,00,000.
COGS is subtracted from revenue to find gross profit, so it directly affects profitability and is needed for tax and pricing decisions.
The direct cost of buying or producing the goods, including raw materials and freight inwards. Indirect costs like marketing are not part of COGS.
It is opening inventory plus purchases — the total stock that could be sold before deducting what remains as closing inventory.
Enter the opening inventory. Enter the purchases during period. Enter the closing inventory. Read off your cost of goods sold, together with goods available for sale — the calculator updates automatically, with no button to press.
Related guides
How to Calculate Cost of Goods Sold: Formula, Steps & Examples
Learn how to calculate Cost of Goods Sold — the formula explained step by step, with worked examples and a free calculator to check your answer.