Luxury Lexicon A definition

OPEX

Operating expenditure: the ongoing costs of running a business.

Operating expenditure covers the continuing costs involved in running business activities. Finance teams plan these costs, update forecasts and compare actual spending with the budget to understand changes. The useful distinction from capital expenditure concerns what the spending supports: ongoing operations or an asset intended to serve beyond the current period. A department can have both kinds of spending, so its total budget does not automatically represent OPEX. Clear cost categories help managers discuss resource use and explain why spending has moved above or below expectations.

In job listings

Holt Renfrew asked its Toronto operations finance analyst to lead budgeting and forecasting for operating expenses. The analyst would use business drivers, historical trends and operational plans to decide how to budget for those ongoing costs and review them over time. Search local jobs for “finance”.

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