Covenant Logistics (CVLG) Accounts Payables (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Accounts Payables of $50.4 million for Q1 2026, up 57.83% YoY from $31.9 million in Q1 2025, and up 10.71% sequentially from $45.5 million in Q4 2025.
Covenant Logistics (CVLG) Accounts Payables (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Accounts Payables across 17 years of filings, most recently posting $50.4 million for Q1 2026.
- In Q1 2026, Accounts Payables rose 57.83% year-over-year to $50.4 million; the TTM figure through Mar 2026 stood at $50.4 million (up 57.83% YoY), while the FY2025 annual figure was $45.5 million, up 42.39% from the prior year.
- Accounts Payables rose to $50.4 million in Q1 2026, from $45.5 million in the prior quarter.
- Over the last five years, Accounts Payables for CVLG reached as high as $50.4 million in Q1 2026 and fell as low as $27.9 million in Q1 2022.
- The 5-year median for Accounts Payables is $33.2 million (2023), against an average of $34.3 million.
- Annual changes were most pronounced in 2022 — Accounts Payables slipped 14.1% — and 2026, when it surged 57.83%.
- A 5-year view of Accounts Payables shows it stood at $33.9 million in 2022, then declined by 2.19% to $33.2 million in 2023, then fell by 3.67% to $31.9 million in 2024, then jumped by 42.39% to $45.5 million in 2025, then rose by 10.71% to $50.4 million in 2026.
- According to Business Quant data, Accounts Payables over the past three periods registered $50.4 million, $45.5 million, and $32.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 717.17 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 94.01 Mn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 462.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 255.92 Mn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 147.13 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 271.90 Mn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 584.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 164.24 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 137.52 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 50.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 34.97 Mn |