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
DateValue
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