{"id":111627,"date":"2023-12-10T10:08:13","date_gmt":"2023-12-10T10:08:13","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/"},"modified":"2023-12-10T10:08:13","modified_gmt":"2023-12-10T10:08:13","slug":"are-operating-expenses-the-same-as-cost-of-goods-sold-cogs","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/","title":{"rendered":"Are operating expenses the same as cost of goods sold (COGS)?"},"content":{"rendered":"<p>Operating expenses and cost of goods sold (COGS) are both important components of a company&#8217;s financial statements, but they represent different aspects of a business&#8217;s operations. While they are related, it is essential to understand the distinctions between the two to effectively manage and analyze a company&#8217;s financial performance.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Operating_Expenses\" title=\"Operating Expenses\">Operating Expenses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Cost_of_Goods_Sold_COGS\" title=\"Cost of Goods Sold (COGS)\">Cost of Goods Sold (COGS)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Differences_between_Operating_Expenses_and_COGS\" title=\"Differences between Operating Expenses and COGS\">Differences between Operating Expenses and COGS<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#What_is_the_main_difference_between_operating_expenses_and_COGS\" title=\"What is the main difference between operating expenses and COGS?\">What is the main difference between operating expenses and COGS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Which_expenses_are_included_in_operating_expenses\" title=\"Which expenses are included in operating expenses?\">Which expenses are included in operating expenses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#What_expenses_are_considered_as_COGS\" title=\"What expenses are considered as COGS?\">What expenses are considered as COGS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#How_are_operating_expenses_accounted_for\" title=\"How are operating expenses accounted for?\">How are operating expenses accounted for?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#How_can_COGS_be_calculated\" title=\"How can COGS be calculated?\">How can COGS be calculated?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Do_operating_expenses_fluctuate_with_production_or_sales_levels\" title=\"Do operating expenses fluctuate with production or sales levels?\">Do operating expenses fluctuate with production or sales levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Does_COGS_vary_with_production_or_sales_levels\" title=\"Does COGS vary with production or sales levels?\">Does COGS vary with production or sales levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Are_operating_expenses_essential_for_a_companys_day-to-day_operations\" title=\"Are operating expenses essential for a company&#8217;s day-to-day operations?\">Are operating expenses essential for a company&#8217;s day-to-day operations?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Do_companies_have_more_control_over_operating_expenses_or_COGS\" title=\"Do companies have more control over operating expenses or COGS?\">Do companies have more control over operating expenses or COGS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Can_both_operating_expenses_and_COGS_be_reduced_to_increase_profitability\" title=\"Can both operating expenses and COGS be reduced to increase profitability?\">Can both operating expenses and COGS be reduced to increase profitability?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Which_expenses_are_tax-deductible_operating_expenses_or_COGS\" title=\"Which expenses are tax-deductible, operating expenses or COGS?\">Which expenses are tax-deductible, operating expenses or COGS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#Can_changes_in_operating_expenses_impact_COGS\" title=\"Can changes in operating expenses impact COGS?\">Can changes in operating expenses impact COGS?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Operating_Expenses\"><\/span>Operating Expenses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Operating expenses, also known as OPEX, are the ongoing costs that a business incurs as part of its day-to-day operations. These expenses are not directly linked to the production or sale of goods or services. Instead, they encompass various overhead costs necessary to keep the business running.<\/p>\n<p>Some common operating expenses include rent, utilities, salaries and wages, office supplies, advertising, and insurance. These expenses are considered indirect costs as they cannot be attributed directly to a specific product or service.<\/p>\n<p>Operating expenses are reported on the income statement and are deducted from a company&#8217;s revenues to determine its operating income. They are usually incurred regularly, regardless of the level of production or sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cost_of_Goods_Sold_COGS\"><\/span>Cost of Goods Sold (COGS)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cost of Goods Sold (COGS), also referred to as direct costs, represents the direct expenses associated with the production or purchase of goods sold by a company. It includes the cost of raw materials, direct labor, and manufacturing overhead directly related to the production process.<\/p>\n<p>Calculating COGS requires determining the cost of inventory at the beginning of the accounting period, adding the cost of purchases made during the period and then subtracting the cost of inventory at the end of the period. The resulting figure is the cost of goods sold during that specific period.<\/p>\n<p>COGS is also reported on the income statement and is subtracted from a company&#8217;s revenues to calculate its gross profit. Unlike operating expenses, COGS varies directly with the level of production or sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Differences_between_Operating_Expenses_and_COGS\"><\/span>Differences between Operating Expenses and COGS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While operating expenses and COGS both affect a company&#8217;s financial performance, there are significant differences between the two.<\/p>\n<p>1. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_main_difference_between_operating_expenses_and_COGS\"><\/span>What is the main difference between operating expenses and COGS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe key difference lies in their purpose: operating expenses cover the costs of running a business, while COGS represents the costs directly associated with producing or purchasing goods sold by the company.<\/p>\n<p>2. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_expenses_are_included_in_operating_expenses\"><\/span>Which expenses are included in operating expenses?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nOperating expenses typically include overhead costs like rent, utilities, salaries, advertising, and office supplies.<\/p>\n<p>3. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_expenses_are_considered_as_COGS\"><\/span>What expenses are considered as COGS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCOGS mainly includes the cost of raw materials, direct labor, and manufacturing overhead related to the production process.<\/p>\n<p>4. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_are_operating_expenses_accounted_for\"><\/span>How are operating expenses accounted for?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nOperating expenses are recorded on the income statement as deductions from revenues to calculate operating income.<\/p>\n<p>5. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_COGS_be_calculated\"><\/span>How can COGS be calculated?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCOGS is determined by adding the cost of opening inventory to the cost of purchases and then subtracting the value of closing inventory.<\/p>\n<p>6. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_operating_expenses_fluctuate_with_production_or_sales_levels\"><\/span>Do operating expenses fluctuate with production or sales levels?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nOperating expenses are relatively fixed and do not fluctuate significantly with changes in production or sales levels.<\/p>\n<p>7. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_COGS_vary_with_production_or_sales_levels\"><\/span>Does COGS vary with production or sales levels?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, COGS varies directly with the volume of goods produced or sold.<\/p>\n<p>8. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_operating_expenses_essential_for_a_companys_day-to-day_operations\"><\/span>Are operating expenses essential for a company&#8217;s day-to-day operations?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nOperating expenses are essential as they cover the necessary costs of running a business, even if there are no sales during a particular period.<\/p>\n<p>9. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_companies_have_more_control_over_operating_expenses_or_COGS\"><\/span>Do companies have more control over operating expenses or COGS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCompanies typically have more control over managing their operating expenses compared to the direct costs associated with COGS.<\/p>\n<p>10. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_both_operating_expenses_and_COGS_be_reduced_to_increase_profitability\"><\/span>Can both operating expenses and COGS be reduced to increase profitability?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, reducing both operating expenses and COGS can contribute to increased profitability. However, it is important to strike a balance to ensure the business&#8217;s smooth operation.<\/p>\n<p>11. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_expenses_are_tax-deductible_operating_expenses_or_COGS\"><\/span>Which expenses are tax-deductible, operating expenses or COGS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nBoth operating expenses and COGS are generally tax-deductible, subject to applicable tax regulations.<\/p>\n<p>12. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_changes_in_operating_expenses_impact_COGS\"><\/span>Can changes in operating expenses impact COGS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile changes in operating expenses may indirectly influence COGS, they do not have a direct impact as COGS is mainly associated with production costs rather than indirect operating costs.<\/p>\n<p>In conclusion, operating expenses and COGS are distinct components of a company&#8217;s financial statements. Understanding their differences can help businesses better analyze their financial performance and make informed decisions about cost management and profitability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operating expenses and cost of goods sold (COGS) are both important components of a company&#8217;s financial statements, but they represent different aspects of a business&#8217;s operations. While they are related, it is essential to understand the distinctions between the two to effectively manage and analyze a company&#8217;s financial performance. Operating Expenses Operating expenses, also known &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Are operating expenses the same as cost of goods sold (COGS)?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#more-111627\">Read more<span class=\"screen-reader-text\">Are operating expenses the same as cost of goods sold (COGS)?<\/span><\/a><\/p>\n","protected":false},"author":17,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-111627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Are operating expenses the same as cost of goods sold (COGS)?<\/title>\n<meta name=\"description\" content=\"Operating expenses and cost of goods sold (COGS) are both important components of a company&#039;s financial statements, but they represent different aspects\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are operating expenses the same as cost of goods sold (COGS)?\" \/>\n<meta property=\"og:description\" content=\"Operating expenses and cost of goods sold (COGS) are both important components of a company&#039;s financial statements, but they represent different aspects\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-10T10:08:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Katie Shaw\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katie Shaw\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\"},\"author\":{\"name\":\"Katie Shaw\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/617c4af9f70eec5ac87ea3e32d702ad6\"},\"headline\":\"Are operating expenses the same as cost of goods sold (COGS)?\",\"datePublished\":\"2023-12-10T10:08:13+00:00\",\"dateModified\":\"2023-12-10T10:08:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\"},\"wordCount\":704,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\",\"name\":\"Are operating expenses the same as cost of goods sold (COGS)?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2023-12-10T10:08:13+00:00\",\"dateModified\":\"2023-12-10T10:08:13+00:00\",\"description\":\"Operating expenses and cost of goods sold (COGS) are both important components of a company's financial statements, but they represent different aspects\",\"breadcrumb\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/namso-gen.co\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Are operating expenses the same as cost of goods sold (COGS)?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"description\":\"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co\",\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/namso-gen.co\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"contentUrl\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"width\":500,\"height\":164,\"caption\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\"},\"image\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/synchronyfinancial\",\"https:\/\/twitter.com\/synchrony\",\"https:\/\/www.youtube.com\/synchronyfinancial\",\"https:\/\/www.instagram.com\/synchrony\",\"https:\/\/www.linkedin.com\/company\/synchrony-financial\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/617c4af9f70eec5ac87ea3e32d702ad6\",\"name\":\"Katie Shaw\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Katie Shaw\"},\"description\":\"Guest author Katie Shaw has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here.\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Are operating expenses the same as cost of goods sold (COGS)?","description":"Operating expenses and cost of goods sold (COGS) are both important components of a company's financial statements, but they represent different aspects","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/","og_locale":"en_US","og_type":"article","og_title":"Are operating expenses the same as cost of goods sold (COGS)?","og_description":"Operating expenses and cost of goods sold (COGS) are both important components of a company's financial statements, but they represent different aspects","og_url":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/","og_site_name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","article_publisher":"https:\/\/www.facebook.com\/synchronyfinancial","article_published_time":"2023-12-10T10:08:13+00:00","og_image":[{"width":500,"height":164,"url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","type":"image\/png"}],"author":"Katie Shaw","twitter_card":"summary_large_image","twitter_creator":"@synchrony","twitter_site":"@synchrony","twitter_misc":{"Written by":"Katie Shaw","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#article","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/"},"author":{"name":"Katie Shaw","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/617c4af9f70eec5ac87ea3e32d702ad6"},"headline":"Are operating expenses the same as cost of goods sold (COGS)?","datePublished":"2023-12-10T10:08:13+00:00","dateModified":"2023-12-10T10:08:13+00:00","mainEntityOfPage":{"@id":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/"},"wordCount":704,"commentCount":0,"publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"articleSection":["Learn"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/","url":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/","name":"Are operating expenses the same as cost of goods sold (COGS)?","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/#website"},"datePublished":"2023-12-10T10:08:13+00:00","dateModified":"2023-12-10T10:08:13+00:00","description":"Operating expenses and cost of goods sold (COGS) are both important components of a company's financial statements, but they represent different aspects","breadcrumb":{"@id":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/namso-gen.co\/blog\/are-operating-expenses-the-same-as-cost-of-goods-sold-cogs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/namso-gen.co\/blog\/"},{"@type":"ListItem","position":2,"name":"Are operating expenses the same as cost of goods sold (COGS)?"}]},{"@type":"WebSite","@id":"https:\/\/namso-gen.co\/blog\/#website","url":"https:\/\/namso-gen.co\/blog\/","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","description":"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co","publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/namso-gen.co\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/namso-gen.co\/blog\/#organization","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","url":"https:\/\/namso-gen.co\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","contentUrl":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","width":500,"height":164,"caption":"Namso Gen Blog - Free Credit Card Generator [100% Valid]"},"image":{"@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/synchronyfinancial","https:\/\/twitter.com\/synchrony","https:\/\/www.youtube.com\/synchronyfinancial","https:\/\/www.instagram.com\/synchrony","https:\/\/www.linkedin.com\/company\/synchrony-financial"]},{"@type":"Person","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/617c4af9f70eec5ac87ea3e32d702ad6","name":"Katie Shaw","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Katie Shaw"},"description":"Guest author Katie Shaw has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here."}]}},"_links":{"self":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/111627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/comments?post=111627"}],"version-history":[{"count":0,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/111627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media\/107420"}],"wp:attachment":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media?parent=111627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/categories?post=111627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/tags?post=111627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}