Covenant Logistics (CVLG) Accounts Payables (2010 - 2026)
Covenant Logistics (CVLG) posted Accounts Payables of $34.16 million for Q2 2026, down 2.4% from $34.99 million a year earlier and down 32.2% from the prior quarter.
Covenant Logistics (CVLG) Accounts Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Covenant Logistics' Accounts Payables came in at $45.48 million, up 42.4% from FY2024.
- Annual Accounts Payables shows a five-year compound annual growth rate of 7.5% (FY2020 to FY2025).
- In prior years, Covenant Logistics' Accounts Payables was $31.94 million in FY2024 (-3.7%), $33.16 million in FY2023 (-2.2%), $33.9 million in FY2022 (+13.3%) and $29.91 million in FY2021 (-5.6%).
- Quarterly Accounts Payables has run from a low of $25.09 million in Q3 2021 to a high of $50.35 million in Q1 2026 over five years.
- On a year-over-year basis, Accounts Payables increased in five of the last eight quarters, with growth averaging 12.7%.
- The strongest year-over-year quarter for Accounts Payables in the past five years was Q1 2026, with growth of 57.8%; the weakest was Q1 2022, with a decline of 14.1%.
- According to Business Quant data, Accounts Payables for the three prior quarters was $50.35 million (Q1 2026), $45.48 million (Q4 2025) and $32.62 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 4.32 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 1.11 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 5.98 Bn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 2.05 Bn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 1.78 Bn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 4.33 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 6.60 Bn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 80.99 Mn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 5.77 Bn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 34.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.16 Mn |
| Mar 31, 2026 | 50.35 Mn |
| Dec 31, 2025 | 45.48 Mn |
| Sep 30, 2025 | 32.62 Mn |
| Jun 30, 2025 | 34.99 Mn |
| Mar 31, 2025 | 31.90 Mn |
| Dec 31, 2024 | 31.94 Mn |
| Sep 30, 2024 | 31.64 Mn |
| Jun 30, 2024 | 31.58 Mn |
| Mar 31, 2024 | 31.61 Mn |
| Dec 31, 2023 | 33.16 Mn |
| Sep 30, 2023 | 34.20 Mn |
| Jun 30, 2023 | 33.80 Mn |
| Mar 31, 2023 | 28.29 Mn |
| Dec 31, 2022 | 33.90 Mn |
| Sep 30, 2022 | 33.41 Mn |
| Jun 30, 2022 | 36.58 Mn |
| Mar 31, 2022 | 27.85 Mn |
| Dec 31, 2021 | 29.91 Mn |
| Sep 30, 2021 | 25.09 Mn |
Covenant Logistics Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();