Hatena Co (TSE:3930) Change In Receivables: 円38 Mil (TTM As of Apr. 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:3930 Hatena Co Ltd TSE:3930
70 GF Score
Price 円799.00
GF Value 円977.83
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Hatena Co Change In Receivables?

Hatena Co TSE:3930 +0.50% 70 Change In Receivables is 円38 Mil as of Apr. 2026. GuruFocus rates TSE:3930 with a GF Score™ of 70/100 and a GF Value™ of 円977.83 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Hatena Co's change in receivables for the quarter that ended in Apr. 2026 was 円182 Mil. It means Hatena Co's Accounts Receivable declined by 円182 Mil from Jan. 2026 to Apr. 2026 .

Hatena Co's change in receivables for the fiscal year that ended in Jul. 2025 was 円21 Mil. It means Hatena Co's Accounts Receivable declined by 円21 Mil from Jul. 2024 to Jul. 2025 .

Hatena Co's Accounts Receivable for the quarter that ended in Apr. 2026 was 円449 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. Hatena Co's Days Sales Outstanding for the three months ended in Apr. 2026 was 44.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hatena Co's liquidation value for the three months ended in Apr. 2026 was 円724 Mil.

Hatena Co  (TSE:3930) 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.

Hatena Co's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=448.615/918.913*91
=44.55

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

Hatena Co's liquidation value for the quarter that ended in Apr. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=977.869-591.408+0.75 * 448.615+0.5 * 2.948
=724

* 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.

Hatena Co Change In Receivables Related Terms

Hatena Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hatena Co'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.

Hatena Co Change In Receivables Chart

Hatena Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -85.42 -48.28 -98.31 -23.27 21.26

Hatena Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 247.01 -61.43 -28.91 -53.64 181.88
TSE:3930
70GF Score
Hatena Co Ltd TSE:3930
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hatena Co 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円38 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38 Mil mean?
Hatena Co (TSE:3930) has a Change In Receivables of 円38 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hatena Co and its competitors.
Is Hatena Co's Change In Receivables too high?
Hatena Co's current Change In Receivables is 円38 Mil. Overall, Hatena Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hatena Co's Change In Receivables compare to GOOGL and META?
Hatena Co's Change In Receivables of 円38 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Change In Receivables depends on the Interactive Media 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 Hatena Co and its competitors. Hatena Co's current Change In Receivables is 円38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatena Co stock overvalued right now?
Based on GuruFocus' analysis, Hatena Co (TSE:3930) is currently considered Modestly Undervalued. The stock's GF Value™ is 円977.83, compared to a current price of 円799.00 — trading 18.3% below its estimated fair value. The current Change In Receivables is 円38 Mil. Hatena Co's overall GF Score™ is 70/100 with 3 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 Hatena Co (TSE:3930), the current Change In Receivables is 円38 Mil as of Apr. 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 Hatena Co (TSE:3930) Overvalued in 2026?

Based on GuruFocus' analysis, Hatena Co stock appears to be undervalued. The current stock price of 円799.00 is trading 18.3% below its estimated GF Value™ of 円977.83. GuruFocus considers Hatena Co to be Modestly Undervalued.

Key valuation signals for TSE:3930:

  • Change In Receivables: 円38 Mil
  • GF Value™: 円977.83 vs. price of 円799.00 (18.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the TSE:3930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hatena Co Business Description

Address Takamiya-cho 206, Yubinbango, Kyoto Prefecture Oike Aino-cho HigashiIri, Oike building, 9th floor, Nakagyo-ku, Kyoto, JPN, 604-0835
Hatena Co Ltd provides internet content platform services and content marketing services technology solutions. Its content platform services include the blog, bookmark services, and shared dictionary service.
70GF Score

Get the complete analysis for TSE:3930

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

円799.00
Price
円977.83
GF Value