Understanding Capital Expenditures (CapEx) Capital expenditures (CapEx) are core to operating and growing a business. Accurate visibility into these funds is essential to decision-making and long-term planning. Businesses use CapEx to acquire, upgrade, and maintain assets in the long term. These assets can be physical (i.e., tangible, like buildings and equipment) or non-physical (i.e., intangible, like patents and licenses), but they all reflect a company’s investment in its future growth...