quantity of goods sold

USAGE SUMMARY

The phrase "quantity of goods sold" is correct and usable in written English.
It can be used in contexts related to sales, inventory management, or financial reporting to refer to the total amount of products sold during a specific period. Example: "The company's revenue increased significantly due to a higher quantity of goods sold last quarter."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Unlike Apple, its margins will remain wafer thin, but the sheer quantity of goods sold should keep revenues flowing and investors happy.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

In this study, we measure cost-efficiency as the cost of goods sold divided by sales.

Journal of Shipping and Trade

I'd overcharge or increase quantities on sales on accounts that were too big to pick up on it, then at the end of the day, balance sales of goods sold with the money that came in that day.

Vice

Calculate the cost of goods sold.

WikiHow

Calculate the cost of goods sold (COGS).

WikiHow

Subtract the cost of goods sold.

WikiHow

Goods sold must conform to the specifications of the contract as to their physical qualities, kind, and quantity.

Encyclopedia Britannica

But Mr. Adams, like Mr. Cappadona, says his revenue has been largely unchanged because the quantity of bottles sold has increased.

The New York Times

To measure the impact of factors affecting the quantity of water sold by GSU plants, a regression function was used.

Renewables: Wind, Water, and Solar

It can thus be said that distance was not an important factor affecting the quantity of water sold.

Renewables: Wind, Water, and Solar

Judges assign the defendant an "offense level" based on the quantity of drugs sold.

Vice

Expert writing Tips

Best practice

When discussing financial performance, use "quantity of goods sold" in conjunction with metrics like revenue and profit margin to provide a comprehensive overview.

Common error

Avoid using "quantity of goods sold" when you actually mean the value of goods sold (i.e., revenue). Quantity refers to the number of items, while value refers to their monetary worth.

Linguistic Context

The phrase "quantity of goods sold" primarily functions as a noun phrase. It identifies a specific measure related to sales and inventory. It is commonly used as a subject or object in sentences related to business and finance, as demonstrated in Ludwig's examples.

Expression frequency: Rare

Frequent in

News & Media

33.3%

Science

33.3%

Wiki

16.7%

Less common in

Encyclopedias

8.3%

Formal & Business

8.3%

Reference

0%

Ludwig's WRAP-UP

In summary, "quantity of goods sold" is a grammatically correct noun phrase used to describe the volume of products a company has sold. While Ludwig AI confirms its correctness, its usage is relatively rare within the provided dataset. It's most commonly found in news, scientific, and wiki contexts. When writing, remember that it refers to the number of items, not their monetary value. Consider using synonyms like "sales volume" for conciseness. Always aim to provide context when discussing this metric for better clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

sales volume

Focuses on the total amount of sales, using a more concise term.

amount of merchandise sold

Replaces "goods" with "merchandise", emphasizing the items being sold.

volume of products sold

Uses "products" instead of "goods", specifying the type of items.

total units sold

Highlights the number of individual items sold, rather than a general quantity.

number of items sold

Similar to "total units sold", focusing on the count of items.

sales figures

Refers to the numerical data representing the amount of goods sold.

merchandise turnover

Emphasizes the rate at which goods are sold and replaced.

product throughput

Focuses on the amount of products processed and sold within a specific timeframe.

inventory depletion

Highlights the reduction of inventory due to sales, rather than the sales themselves.

sales output

Focuses on the result or yield of sales activities.

FAQs

What does "quantity of goods sold" mean in accounting?

In accounting, "quantity of goods sold" refers to the total number of products or items that a company has sold during a specific period. It is often used in calculating the cost of goods sold (COGS) and gross profit.

What's a good synonym for "quantity of goods sold"?

Good synonyms include "sales volume", "amount of merchandise sold", or "number of items sold". The best choice depends on the specific context.

How does "quantity of goods sold" relate to revenue?

The "quantity of goods sold" is a factor in calculating revenue. Revenue is derived by multiplying the "quantity of goods sold" by the selling price per unit.

Is it better to have a high or low "quantity of goods sold"?

Generally, a higher "quantity of goods sold" is desirable, as it indicates strong demand for a company's products. However, profitability also depends on factors such as cost of goods sold and pricing strategy.