The total cost of goods sold, combining product variant costs from Shopify and user-defined COGS entries.
| Metric | Definition |
|---|
| COGS | Product-level cost of goods from Shopify variants |
| Other COGS | User-defined cost entries with category COGS |
| Metadata | |
|---|
| Type | Currency |
| Data Source | Shopify, Upstack Costs |
| Aggregation | Sum |
Example
Your store had $16,900 in Total COGS for January:
| Component | Value | Source |
|---|
| Product COGS | $12,400 | Shopify variants |
| Packaging materials | $2,150 | Cost entry |
| Import duties | $1,460 | Cost entry |
| Quality inspection | $890 | Cost entry |
| Total COGS | $16,900 | Combined |
How It Works
Total COGS combines two sources: product variant costs from Shopify (COGS) and any additional cost-of-goods entries you’ve configured (Other COGS). This complete picture of goods costs is deducted from Net Revenue to calculate CM1—your first contribution margin.
When to Use
| Scenario | Action |
|---|
| Calculating CM1 | Subtract Total COGS from Net Revenue |
| Margin analysis | Use for accurate gross profit calculations |
| Cost tracking | Monitor all goods costs in one metric |
| Product profitability | Compare Total COGS against revenue |
| Metric | Relationship |
|---|
| COGS | Product costs only (this metric includes it) |
| Other COGS | User-defined costs (this metric includes it) |
| CM1 | Net Revenue − Total COGS |
| Net Revenue | Revenue used in CM1 calculation |
| Gross Profit | Related margin metric |
