Total COGS: Complete Cost of Goods Sold

The total cost of goods sold, combining product variant costs from Shopify and user-defined COGS entries.

Formula

Total COGS = COGS + Other COGS

Formula Components

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

See all COGS metrics →

Other COGS NC Other COGS

⌘I

​Formula

​Formula Components

​Example

​How It Works

​When to Use

​Related Metrics

Formula

Formula Components

Example

How It Works

When to Use

Related Metrics