In the last decades, there has been an increasing interest in animal protection and welfare issues. Heart rate variability (HRV) measurement with portable heart rate monitors on cows has established itself as a suitable method for assessing physiological states. However, more forward-looking technologies, already successfully applied to evaluate HRV data, are pushing the market. This study examines the validity and usability of collecting HRV data by exchanging the Polar watch V800 as a receiving unit of the data compared to a custom smartphone application on cows. Therefore, both receivers tap one signal sent by the Polar H7 transmitter simultaneously. Furthermore, there is a lack of suitable methods for the preparation and calculation of HRV parameters, especially for livestock. A method is presented for calculating more robust time domain HRV parameters via median formation. The comparisons of the respective simultaneous recordings were conducted after artifact correction for time domain HRV parameters. High correlations (r = 0.82–0.98) for cows as well as for control data set in human being (r = 0.98–0.99) were found. The utilization of smart devices and the robust method to determine time domain HRV parameters may be suitable to generate valid HRV data on cows in field-based settings.