Cover (TSE:5253) Change In Receivables: 円0 Mil (TTM As of Mar. 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:5253 Cover Corp TSE:5253
81 GF Score
Price 円1,654.00
GF Value 円3,529.08
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Cover Change In Receivables?

Cover TSE:5253 +1.66% 81 Change In Receivables is 円0 Mil as of Mar. 2026. GuruFocus rates TSE:5253 with a GF Score™ of 81/100 and a GF Value™ of 円3,529.08 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Cover's change in receivables for the quarter that ended in Mar. 2026 was 円0 Mil. It means Cover's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Cover's change in receivables for the fiscal year that ended in Mar. 2026 was 円16 Mil. It means Cover's Accounts Receivable declined by 円16 Mil from Mar. 2025 to Mar. 2026 .

Cover's Accounts Receivable for the quarter that ended in Mar. 2026 was 円5,890 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. Cover's Days Sales Outstanding for the three months ended in Mar. 2026 was 36.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cover's liquidation value for the three months ended in Mar. 2026 was 円5,958 Mil.

Cover  (TSE:5253) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5890/14649*91
=36.69

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

Cover's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=16008-14947+0.75 * 5890+0.5 * 958
=5,958

* 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.

Cover Change In Receivables Related Terms

Cover Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cover'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.

Cover Change In Receivables Chart

Cover Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial -968.33 -1,291.00 -1,005.00 -3,017.00 16.00

Cover Quarterly Data
Mar21 Mar22 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 0.00 0.00 0.00 0.00 0.00
TSE:5253
81GF Score
Cover Corp TSE:5253
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cover 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円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 円0 Mil mean?
Cover (TSE:5253) has a Change In Receivables of 円0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cover and its competitors.
Is Cover's Change In Receivables too high?
Cover's current Change In Receivables is 円0 Mil. Overall, Cover has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cover's Change In Receivables compare to CRM and SHOP?
Cover's Change In Receivables of 円0 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 Cover and its competitors. Cover's current Change In Receivables is 円0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cover stock overvalued right now?
Based on GuruFocus' analysis, Cover (TSE:5253) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,529.08, compared to a current price of 円1,654.00 — trading 53.1% below its estimated fair value. The current Change In Receivables is 円0 Mil. Cover's overall GF Score™ is 81/100 with 4 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 Cover (TSE:5253), the current Change In Receivables is 円0 Mil as of Mar. 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 Cover (TSE:5253) Overvalued in 2026?

Based on GuruFocus' analysis, Cover stock appears to be undervalued. The current stock price of 円1,654.00 is trading 53.1% below its estimated GF Value™ of 円3,529.08. GuruFocus considers Cover to be Significantly Undervalued.

Key valuation signals for TSE:5253:

  • Change In Receivables: 円0 Mil
  • GF Value™: 円3,529.08 vs. price of 円1,654.00 (53.1% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the TSE:5253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cover Business Description

Other Exchanges COVCF:USAS89:Germany
Address Mita Garden Tower 15th floor, Sumitomo Fudosan Shiba No.3 Building B1, Minato-ku, Tokyo, JPN, 105-0014
Cover Corp operates as a platformer for two-dimensional entertainment. It is engaged in developing multifaceted businesses to accelerate 2D entertainment such as distribution system development, VTuber office management, and content development.
81GF Score

Get the complete analysis for TSE:5253

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

円1,654.00
Price
円3,529.08
GF Value