3 A B C D E F G H I J K L M N O P Q R S T U V W Y

Operating Costs

Operating costs, also referred to as operating expenses, operational costs and OPEX, are the costs required for the day-to-day running and administration of a business. This excludes capital expenditure (CAPEX), but includes costs such as payroll and other employee benefits, sales commissions, office supplies, advertising costs, machinery depreciation, rent, utility bills, and cost of raw materials.