Systena (TSE:2317) Change In Receivables: 円14 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2317 Systena Corp TSE:2317
87 GF Score
Price 円440.00
GF Value 円449.75
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Systena Change In Receivables?

Systena TSE:2317 -0.23% 87 Change In Receivables is 円14 Mil as of Jun. 2026. GuruFocus rates TSE:2317 with a GF Score™ of 87/100 and a GF Value™ of 円449.75 (Fairly Valued). The stock has 1 warning sign investors should review.

Systena's change in receivables for the quarter that ended in Jun. 2026 was 円1,889 Mil. It means Systena's Accounts Receivable declined by 円1,889 Mil from Mar. 2026 to Jun. 2026 .

Systena's change in receivables for the fiscal year that ended in Mar. 2026 was 円-327 Mil. It means Systena's Accounts Receivable increased by 円327 Mil from Mar. 2025 to Mar. 2026 .

Systena's Accounts Receivable for the quarter that ended in Jun. 2026 was 円17,163 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. Systena's Days Sales Outstanding for the three months ended in Jun. 2026 was 65.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Systena's liquidation value for the three months ended in Jun. 2026 was 円24,426 Mil.

Systena  (TSE:2317) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17163/23799*91
=65.81

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

Systena'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)
=28729-17837+0.75 * 17163+0.5 * 1324
=24,426

* 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.

Systena Change In Receivables Related Terms

Systena Change In Receivables Historical Data

* Premium members only.

The historical data trend for Systena'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.

Systena Change In Receivables Chart

Systena Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,494.00 -672.00 86.00 -3,691.00 -327.00

Systena 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 1,548.00 -1,129.00 41.00 -787.00 1,889.00
TSE:2317
87GF Score
Systena Corp TSE:2317
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Systena 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 円14 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 円14 Mil mean?
Systena (TSE:2317) has a Change In Receivables of 円14 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Systena and its competitors.
Is Systena's Change In Receivables too high?
Systena's current Change In Receivables is 円14 Mil. Overall, Systena has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systena's Change In Receivables compare to IBM and ACN?
Systena's Change In Receivables of 円14 Mil can be compared against companies in the Software 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 a Software company?
A good Change In Receivables depends on the Software 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 Systena and its competitors. Systena's current Change In Receivables is 円14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systena stock overvalued right now?
Based on GuruFocus' analysis, Systena (TSE:2317) is currently considered Fairly Valued. The stock's GF Value™ is 円449.75, compared to a current price of 円440.00 — trading 2.2% below its estimated fair value. The current Change In Receivables is 円14 Mil. Systena's overall GF Score™ is 87/100 with 1 warning sign 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 Systena (TSE:2317), the current Change In Receivables is 円14 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 Systena (TSE:2317) Overvalued in 2026?

Based on GuruFocus' analysis, Systena stock appears to be undervalued. The current stock price of 円440.00 is trading 2.2% below its estimated GF Value™ of 円449.75. GuruFocus considers Systena to be Fairly Valued.

Key valuation signals for TSE:2317:

  • Change In Receivables: 円14 Mil
  • GF Value™: 円449.75 vs. price of 円440.00 (2.2% below fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the TSE:2317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Systena Business Description

Address 2-2-1 Minatomirai Nishiku, Yokohama, JPN, 220-8123
Systena Corp is a software application and services provider that offers a range of support for planning, designing, developing and operating online businesses for smart devices. It also operates a Framework Design Business, which develops backbone and peripheral systems for financial institutions and designs and builds application platforms. The company provides outsourcing services for help desk and systems operations; and develops and offers gaming content for smartphones. It also offers cloud services; and sells and supports the introduction of Google Apps for Business and Microsoft Office 365, public SaaS-based services, and cloud step.
87GF Score

Get the complete analysis for TSE:2317

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

円440.00
Price
円449.75
GF Value