Cost of Sales as a Percentage of Sales
Learn more about Financial Manager business summary data
Learn how to design financial statements
This Financial Manager ratio indicates the cost of purchasing goods, manufacturing goods, or providing services, in relation to the revenue from sales.
The calculation for ratio is
where:
Cost of Sales = the sum of all Cost of Sales account types
Sales = the sum of all Income account types
Example
If cost of sales is $30,000 and sales are $100,000, then cost of sales as a percentage of sales is 30%.
The calculation for this example is