© 2015 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

COGS (Cost Of Goods Sold)


COGS refers to the "Cost of Goods Sold," which are all the expenses a company needs to pay to get their products out the door. So the company that makes your shoes might have to pay for material to make the shoes, the process of making the shoes, the price tags and boxes for the shoes, delivery, and everything else that it takes to get the shoes to the store or to your doorstep. Those costs, all together, are the COGS of your Nikes.