BMTH live in Jakarta 2024

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This time around Ravel gets it right and BMTH (Bring Me The Horizon) are headlining the Nexfest festival in Jakarta which also features Babymetal. In this format there is no seating - which makes for a much more intimate experience - although you do have to arrive really early if you want to pick a spot right up close to the stage.  We arrived about six hours before BMTH were scheduled to start their performance and bought plenty of drinks to stay hydrated in the tropical afternoon heat (mind you, some of those were Iceland vodka mix!) This was a gig I had long been looking forward to - especially after the debacle last year. Not everyone likes BMTH of course. For deathcore fans the band sold out. For metal heads the band is not purist enough. And for the wider mainstream audience, the band is too heavy. You can't please everyone of course but there are few bands in the rock world which can match the sheer emotional velocity of BMTH. To bring metal and even aspects of metalcore t
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Working capital days definition



This is a very good way to measure how much money (i.e. capital) a company has tied up in capital.

 The definition is:

average working capital / annual revenues

 What you get is a number which shows how many days it takes for the company to convert its working capital into revenues.

The faster a company does this, the better.

 This measure is especially useful when looking at companies which spend a lot on capex, most notably construction companies.

 If, for example, it takes 200 days for a construction company to convert its working capital into revenues, that indicates that their could be very significant exposure to interest costs as the working capital may have to be financed by borrowings (such as costly bank loans). 

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