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Yoshiharu Global Co (Yoshiharu Global Co) Operating Income : $-3.52 Mil (TTM As of Dec. 2023)


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What is Yoshiharu Global Co Operating Income?

Yoshiharu Global Co's Operating Income for the three months ended in Dec. 2023 was $-0.66 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.52 Mil.

Warning Sign:

Yoshiharu Global Co had lost money in 92% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yoshiharu Global Co's Operating Income for the three months ended in Dec. 2023 was $-0.66 Mil. Yoshiharu Global Co's Revenue for the three months ended in Dec. 2023 was $2.50 Mil. Therefore, Yoshiharu Global Co's Operating Margin % for the quarter that ended in Dec. 2023 was -26.36%.

Yoshiharu Global Co's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yoshiharu Global Co's annualized ROC % for the quarter that ended in Dec. 2023 was -5.85%. Yoshiharu Global Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.45%.


Yoshiharu Global Co Operating Income Historical Data

The historical data trend for Yoshiharu Global Co's Operating Income 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.

Yoshiharu Global Co Operating Income Chart

Yoshiharu Global Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
-0.06 -0.44 -1.86 -3.78 -3.52

Yoshiharu Global Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income 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 -1.10 -1.08 -0.95 -0.82 -0.66

Yoshiharu Global Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.52 Mil.

* 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.


Yoshiharu Global Co  (NAS:YOSH) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Yoshiharu Global Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-2.636 * ( 1 - 71.43% )/( (12.078 + 13.668)/ 2 )
=-0.7531052/12.873
=-5.85 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Yoshiharu Global Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.236/( ( (9.69 + max(-0.672, 0)) + (9.553 + max(-0.64, 0)) )/ 2 )
=0.236/( ( 9.69 + 9.553 )/ 2 )
=0.236/9.6215
=2.45 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.061 + 0) - (0.732 + 0 + 0.00099999999999989)
=-0.672

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.073 + 0) - (0.714 + 0 + -0.00099999999999989)
=-0.64

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Yoshiharu Global Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.659/2.5
=-26.36 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Yoshiharu Global Co Operating Income Related Terms

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Yoshiharu Global Co (Yoshiharu Global Co) Business Description

Traded in Other Exchanges
N/A
Address
6940 Beach Boulevard, Suite D-705, Buena Park, CA, USA, 90621
Yoshiharu Global Co is a Japanese restaurant operator. The company has one reportable segment, consisting of operating its stores. Yoshiharu serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi, bento menu, and other favorite Japanese cuisines. It is owning and operating 8 restaurant stores with an additional 5 in development and 6 expected to open.
Executives
James Chae director, 10 percent owner, officer: President, CEO & Chairman 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jay Kim director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Yusil Yeo director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Helen Lee director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Soojae Cho officer: Chief Financial Officer 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621