There are 1,000 thous, in an inch 500 in half an inch 250 in one quarter of an inch and 125 in one eight of an inch 62.5 in a sixteenth of an inch. so for 5/16" there would be 312.5 thous. But if you have the head off it is much easier to measure 5/16" than working in thous. Don't forget when measuring the distance it is always best to take the piston below the desired setting then bring it back up to 5/16"