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What is "OPEX" ?

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Question added by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group
Date Posted: 2016/03/17
georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Question wonderful thank him:

Is the ongoing operating expenses necessary to the Department of Labor referred to that term in the internal correspondence, including the decline in the value of assets that consume time

Fathi Matbaq
by Fathi Matbaq , Senior Purchasing Officer , Alghanim Industries

Opex, or operational expenditure is the money the business spends in order to turn inventory into throughput. Operating expenses is also company's expenses related to the production of its goods and services. Examples of operating expenses include wages for employees, research and development, and costs of raw materials. Operating expenses do not include taxes, debt service, or other expenses inherent to the operation of a business but unrelated to production.

Deleted user
by Deleted user

An operational expenditure (Opex) is the money a company spends on an ongoing, day-to-day basis in order to run a business or system. Depending upon the industry, these expenses can range from the ink used to print documents to the wages paid to employees.

Deleted user
by Deleted user

operations expense, or OPEX is an ongoing expense related directly to a product or system that is the main operation of a firm. 

Tamer Elbeshbishy
by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

Thank you all for accepting the invitation. For sure I agree with your answers

Mohamed matar
by Mohamed matar , Finance Manager , ASG Group

Thanks for the invitation agree with Mr. George and the rest of the Masters

Mohamed Hakeem Meerashahib
by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation

Thank for inviting. I agree with the answers given by all the gentlemen.

Abdelfattah mohamed hassan Abdelhafez
by Abdelfattah mohamed hassan Abdelhafez , مدير عام ببنك القاهرة حاليا بالمعاش , بنك القاهرة

 Expenses exercised their disposal during their everyday work. .

Frank Mwansa
by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

THANKS FOR INVITATION

The answers given above are have explained the OPEX.

Abu Bakar Ashfaq
by Abu Bakar Ashfaq , Senior Consultant , PricewaterhouseCoopers Middle East

OPEX are operational expenditures required for the day-to-day functioning of the business, like wages, utilities, maintenance, and repairs, fall under the category of Opex, or operational expenditure.

These also include depreciation of plants and machinery which are used in the production process.

They have benefits of less than one year.

Mohammad Ashi CFA CMA
by Mohammad Ashi CFA CMA , Group Finance Manager , QOAD

I agree with Mr. georgei Assi

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