What does Capex mean?

It stands for Capital Expenditure.

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Definition

Capex (Capital Expenditure) refers to the funds that a company invests in the acquisition, improvement, or maintenance of physical or technological assets over the long term, such as machinery, buildings, equipment, or software.

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Approach

These expenses are aimed at driving future growth, increasing productive capacity, or improving operational efficiency. Unlike operating expenses (Opex), Capex is capitalized on the balance sheet and depreciated/amortized over its useful life.

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Involvement

Typically, strategic teams such as Finance (budgeting and ROI analysis), Operations (technical or logistical needs), and Top management (approval of significant investments) are involved.

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Regular Practice

Capex is key in the strategic financial planning of companies, especially in asset-intensive sectors (manufacturing, telecommunications, energy). Proper management ensures long-term sustainability and competitiveness.

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