More terms
Cost of Goods Sold
Direct costs attributable to producing goods sold or delivering services, such as raw materials, direct labor, or resale inventory.
What traders should verify
For Cost of Goods Sold, identify the statement, reporting period, accounting policy, footnote support, comparable periods, and cash-flow effect.
Do not conflate
Cost of Goods Sold is an accounting measure or classification; it is not automatically cash, fair value, liquidity, or current market value.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.