GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kura Sushi USA Inc (NAS:KRUS) » Definitions » Net-Net Working Capital

Kura Sushi USA (Kura Sushi USA) Net-Net Working Capital : $-7.62 (As of Feb. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Kura Sushi USA Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Kura Sushi USA's Net-Net Working Capital for the quarter that ended in Feb. 2024 was $-7.62.

The industry rank for Kura Sushi USA's Net-Net Working Capital or its related term are showing as below:

KRUS's Price-to-Net-Net-Working-Capital is not ranked *
in the Restaurants industry.
Industry Median: 13.79
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Kura Sushi USA Net-Net Working Capital Historical Data

The historical data trend for Kura Sushi USA's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kura Sushi USA Net-Net Working Capital Chart

Kura Sushi USA Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net-Net Working Capital
Get a 7-Day Free Trial 2.97 -7.39 -4.70 -7.27 -5.46

Kura Sushi USA Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.86 -4.13 -5.46 -6.52 -7.62

Competitive Comparison of Kura Sushi USA's Net-Net Working Capital

For the Restaurants subindustry, Kura Sushi USA's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kura Sushi USA's Price-to-Net-Net-Working-Capital Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi USA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Kura Sushi USA's Price-to-Net-Net-Working-Capital falls into.



Kura Sushi USA Net-Net Working Capital Calculation

Kura Sushi USA's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2023 is calculated as

Net-Net Working Capital(A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(78.239+0.75 * 0+0.5 * 1.747-140.018
-0-0)/11.1472
=-5.46

Kura Sushi USA's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(62.843+0.75 * 1.287+0.5 * 1.874-150.249
-0-0)/11.2261
=-7.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Kura Sushi USA  (NAS:KRUS) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Kura Sushi USA Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Kura Sushi USA's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Kura Sushi USA (Kura Sushi USA) Business Description

Traded in Other Exchanges
N/A
Address
17461 Derian Avenue, Suite 200, Irvine, California, DE, USA, 92614
Kura Sushi USA Inc is a Japanese restaurant company. It operates revolving sushi chain restaurants in the United States. It provides access to the revolving and express conveyor belts, on-demand ordering screen, plate slot, and the Bikkura-Pon rewards machine. The company offers several dishes, including Dashi Olive Salmon, Tomago, Sweet Shrimp, Tuna, Garlic Tuna Steak, Salmon, among others. Geographically, it derives revenue from the United States of America.
Executives
Brent Takao officer: See Remarks C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Carin Stutz director C/O BRINKER INTERNATIONAL, INC., 6820 LBJ FREEWAY, DALLAS TX 75240
Jeffrey J Uttz officer: Chief Financial Officer C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Shahin Allameh officer: Chief Operating Officer C/O KURA SUSHI USA, INC., 17461 DERIAN AVENUE, SUITE 200, IRVINE CA 92614
Benrubi Steven officer: Chief Financial Officer C/O KURA SUSHI USA, INC., 17461 DERIAN AVENUE, SUITE 200, IRVINE CA 92614
Hiroyuki Okamoto director C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Kim Ellis director C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Shintaro Asako director 1301 SECOND AVENUE, SUITE 4200, SEATTLE WA 98101
Manabu Kamei director, officer: Chief Operating Officer C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Hideto Sugimoto officer: Director of Operations C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Koji Shinohara director, officer: See Remarks C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Hajime Uba director, officer: See Remarks C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Seitaro Ishii director C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Kura Sushi, Inc. 10 percent owner 1-2-2 FUKASAKA, NAKA-KU, SAKAI-SHI, OSAKA M0 599-8253