.png)
.png)
.png)
.avif)
Free FIFO, LIFO & Weighted Average Calculator for Inventory Costing
Understanding your Cost of Goods Sold (COGS) is essential for accurate financial reporting and tax planning. Our free online inventory cost calculator lets you compare three industry-standard costing methods — FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and Weighted Average — so you can see how each approach impacts your reported costs and ending inventory value.
Whether you're a Shopify merchant, accountant, or inventory accounting, this free tool helps you make informed decisions. Need to go beyond one-time calculations? Fabrikatör helps ecommerce brands automate purchase orders, forecast demand, and keep inventory costs under control — so you always know what to order and when.