BarSight
Overview Pricing Resources Register Login
Sales or Support
1-855-715-1274

Cost of Goods Sold

One of the best metrics to have a look at first, is your Cost of Goods Sold (CoGS). The number we come up with for CoGS, is also used for other important metrics and decisions in running your restaurant, such as setting your menu prices!

The calculation for your CoGS is simply

Starting Inventory + Purchases - Ending Inventory = CoGS

over a defined period, such as a week, month, or year.
$0

Other Calculators

Gross Profit

Gross Profit is a simple calculation that tells yo...

Open
Net Profit Margin

Your Net Profit Margin is the magic number on how ...

Open
Tipout (Hours Based)

Quickly tally up your tip-out if you use the hours...

Open

Suggested Articles

Unlock the Benefits of Online Employee Training for Your Taproom or Restaurant

Imagine a world where new hires at your restaurant or taproom come to their first shift prepared and ready to go, thanks to easily accessible online employee training. Sounds like a dream, right? Well...

5 Tips to Prepare Your Restaurant for the Holiday Party Season

The holiday party season is upon us, and restaurant owners are busy trying to prepare their restaurant for the upcoming rush. To help you out, we've compiled a list of five tips that can help make you...

Free Restaurant Manager Log Book Template

If your looking for a way to improve communication in your restaurant but don't know where to start, try our free downloadable log book.  No login or sign up required, its completely free to use,...

Back to Resources