PSYTF (Pason Systems) Change In Receivables: $-12.0 Mil (TTM As of Jun. 2026)

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PSYTF Pason Systems Inc PSYTF
94 GF Score
Price $10.45
GF Value $10.06
Valuation Fairly Valued
! 8 Warning Signs
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What is Pason Systems Change In Receivables?

Pason Systems PSYTF -1.42% 94 Change In Receivables is $-12.0 Mil as of Jun. 2026. GuruFocus rates PSYTF with a GF Score™ of 94/100 and a GF Value™ of $10.06 (Fairly Valued). The stock has 8 warning signs investors should review.

Pason Systems's change in receivables for the quarter that ended in Jun. 2026 was $-4.8 Mil. It means Pason Systems's Accounts Receivable increased by $4.8 Mil from Mar. 2026 to Jun. 2026 .

Pason Systems's change in receivables for the fiscal year that ended in Dec. 2025 was $10.1 Mil. It means Pason Systems's Accounts Receivable declined by $10.1 Mil from Dec. 2024 to Dec. 2025 .

Pason Systems's Accounts Receivable for the quarter that ended in Jun. 2026 was $65.4 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Pason Systems's Days Sales Outstanding for the three months ended in Jun. 2026 was 83.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pason Systems's liquidation value for the three months ended in Jun. 2026 was $20.2 Mil.


Pason Systems  (OTCPK:PSYTF) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Pason Systems's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.418/71.813*91
=83.12

2. In Ben Graham's calculation of liquidation value, Pason Systems's accounts receivable are only considered to be worth 75% of book value:

Pason Systems's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=48.647-84.482+0.75 * 65.418+0.5 * 14.024
=20.2

* 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.


Pason Systems Change In Receivables Related Terms


Pason Systems Change In Receivables Historical Data

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The historical data trend for Pason Systems's Change In Receivables 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.

Pason Systems Change In Receivables Chart

Pason Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.70 -26.03 14.03 -12.83 10.09

Pason Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables 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 11.32 -5.50 4.25 -5.87 -4.84
PSYTF
94GF Score
Pason Systems Inc PSYTF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Pason Systems Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.0 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-12.0 Mil mean?
Pason Systems (PSYTF) has a Change In Receivables of $-12.0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pason Systems and its competitors.
Is Pason Systems' Change In Receivables too high?
Pason Systems' current Change In Receivables is $-12.0 Mil. Overall, Pason Systems has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pason Systems' Change In Receivables compare to SLB and BKR?
Pason Systems' Change In Receivables of $-12.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pason Systems and its competitors. Pason Systems's current Change In Receivables is $-12.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pason Systems stock overvalued right now?
Based on GuruFocus' analysis, Pason Systems (PSYTF) is currently considered Fairly Valued. The stock's GF Value™ is $10.06, compared to a current price of $10.45 — trading 3.9% above its estimated fair value. The current Change In Receivables is $-12.0 Mil. Pason Systems' overall GF Score™ is 94/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Pason Systems (PSYTF), the current Change In Receivables is $-12.0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pason Systems (PSYTF) Overvalued in 2026?

Based on GuruFocus' analysis, Pason Systems stock appears to be overvalued. The current stock price of $10.45 is trading 3.9% above its estimated GF Value™ of $10.06. GuruFocus considers Pason Systems to be Fairly Valued.

Key valuation signals for PSYTF:

  • Change In Receivables: $-12.0 Mil
  • GF Value™: $10.06 vs. price of $10.45 (3.9% above fair value)
  • GF Score™: 94/100 with 8 warning signs

No single metric tells the full story. See the PSYTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pason Systems Business Description

Industry EnergyOil & Gas
Other Exchanges 3PS:GermanyPSI:Canada
Address 6130 3rd Street SE, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on four strategic business units: The North American Drilling (Canada and the United States) and International Drilling (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) and completions business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
94GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.45
Price
$10.06
GF Value