Is COGS an example of qualitative data?

COGS, or Cost of Goods Sold, is a quantitative measure that reflects the direct costs attributable to the production of the goods sold by a company during a specific time period. It is expressed in numerical terms, representing actual monetary values associated with production, purchase, and delivery of goods. As such, COGS is not considered qualitative data, which typically involves descriptions, characteristics, and attributes that cannot be measured numerically.

Qualitative data includes information that can be categorized based on traits and properties, such as customer satisfaction levels or employee feedback. In contrast, quantitative data, like COGS, focuses on measurable quantities. Thus, it accurately follows that COGS is not an example of qualitative data.