In this paper we overview, compare and elaborate on the invariant representations of periodic systems. Precisely, with reference to discrete-time systems, we first introduce the concept of periodic transfer function from which a notion of generalized frequency response can be worked out. Then we discuss the following four reformulations: (i) time lifted, (ii) cyclic, (iii) frequency lifted and (iv) Fourier. A number of interesting links will be established, and many theoretical aspects somewhat overlooked in the existing literature will be clarified. All reformulations are first worked out from the input–output description and then elaborated in a state-space formalism.