Covenant Logistics (CVLG) Change in Account Payables (2010 - 2026)
Covenant Logistics (CVLG) reported Change in Account Payables of $2.0 million for Q1 2026, down 78.46% year-over-year from $9.2 million in Q1 2025, and down 46.26% on a QoQ basis from $3.7 million in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Change in Account Payables data on file, last reported at $2.0 million in Q1 2026.
- Quarterly Change in Account Payables fell 78.46% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.5 million (down 39.36% YoY) and the FY2025 annual result came in at $5.8 million, down 31.31% from the prior year.
- Change in Account Payables slipped to $2.0 million in Q1 2026 per CVLG's latest filing, from $3.7 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $9.2 million in Q1 2025 and bottomed at -$8.3 million in Q1 2022.
- The 5-year median for Change in Account Payables is $2.0 million (2022), against an average of $2.0 million.
- The widest annual swing landed in 2023, when Change in Account Payables tumbled 799.05%; it then soared 1738.89% in 2024.
- Tracing CVLG's Change in Account Payables over 5 years: stood at -$211000.0 in 2022, then plunged by 799.05% to -$1.9 million in 2023, then jumped by 534.48% to $8.2 million in 2024, then slumped by 55.05% to $3.7 million in 2025, then sank by 46.26% to $2.0 million in 2026.
- Per Business Quant, the three latest CVLG Change in Account Payables figures stand at $2.0 million (Q1 2026), $3.7 million (Q3 2025), and $3.6 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | - |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 16.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 28.33 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 39.45 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 6.80 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 49.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | - |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 29.70 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 1.43 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 1.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.99 Mn |
| Mar 31, 2026 | 1.99 Mn |
| Sep 30, 2025 | 3.71 Mn |
| Sep 30, 2025 | 3.71 Mn |
| Jun 30, 2025 | 3.55 Mn |
| Jun 30, 2025 | 3.55 Mn |
| Mar 31, 2025 | 9.24 Mn |
| Mar 31, 2025 | 9.24 Mn |
| Sep 30, 2024 | 8.24 Mn |
| Sep 30, 2024 | 8.24 Mn |
| Jun 30, 2024 | 7.70 Mn |
| Jun 30, 2024 | 7.70 Mn |
| Mar 31, 2024 | 5.31 Mn |
| Mar 31, 2024 | 5.31 Mn |
| Dec 31, 2023 | -1.90 Mn |
| Dec 31, 2023 | -1.90 Mn |
| Sep 30, 2023 | 1.96 Mn |
| Sep 30, 2023 | 1.96 Mn |
| Jun 30, 2023 | -3.29 Mn |
| Jun 30, 2023 | -3.29 Mn |
| Mar 31, 2023 | -324,000.00 |
| Mar 31, 2023 | -324,000.00 |
| Dec 31, 2022 | -211,000.00 |
| Dec 31, 2022 | -211,000.00 |
| Sep 30, 2022 | 814,000.00 |
| Sep 30, 2022 | 814,000.00 |
| Jun 30, 2022 | 1.97 Mn |
| Jun 30, 2022 | 1.97 Mn |
| Mar 31, 2022 | -8.31 Mn |
| Mar 31, 2022 | -8.31 Mn |
| Dec 31, 2021 | -56.81 Mn |
| Dec 31, 2021 | -56.81 Mn |
| Sep 30, 2021 | 17.30 Mn |
| Sep 30, 2021 | 17.30 Mn |
| Jun 30, 2021 | 16.59 Mn |
| Jun 30, 2021 | 16.59 Mn |
| Mar 31, 2021 | -8.74 Mn |
| Mar 31, 2021 | -8.74 Mn |
| Dec 31, 2020 | 1.78 Mn |
| Dec 31, 2020 | 1.78 Mn |
| Sep 30, 2020 | 11.68 Mn |
| Sep 30, 2020 | 11.68 Mn |
| Jun 30, 2020 | -4.05 Mn |
| Jun 30, 2020 | -4.05 Mn |
| Mar 31, 2020 | 22.81 Mn |
| Mar 31, 2020 | 22.81 Mn |
| Dec 31, 2019 | 406,000.00 |
| Dec 31, 2019 | 406,000.00 |
| Sep 30, 2019 | 4.79 Mn |
| Sep 30, 2019 | 4.79 Mn |
| Jun 30, 2019 | 282,000.00 |
| Jun 30, 2019 | 282,000.00 |
| Mar 31, 2019 | -4.54 Mn |
| Mar 31, 2019 | -4.54 Mn |
| Dec 31, 2018 | 859,000.00 |
| Dec 31, 2018 | 859,000.00 |
| Sep 30, 2018 | 4.35 Mn |
| Sep 30, 2018 | 4.35 Mn |
| Jun 30, 2018 | -3.44 Mn |
| Jun 30, 2018 | -3.44 Mn |
| Mar 31, 2018 | 650,000.00 |
| Mar 31, 2018 | 650,000.00 |
| Dec 31, 2017 | -2.00 Mn |
| Dec 31, 2017 | -2.00 Mn |
| Sep 30, 2017 | -2.39 Mn |
| Sep 30, 2017 | -2.39 Mn |
| Jun 30, 2017 | -1.45 Mn |
| Jun 30, 2017 | -1.45 Mn |
| Mar 31, 2017 | 4.67 Mn |
| Mar 31, 2017 | 4.67 Mn |
| Dec 31, 2016 | 2.89 Mn |
| Dec 31, 2016 | 2.89 Mn |
| Sep 30, 2016 | -196,000.00 |
| Sep 30, 2016 | -196,000.00 |
| Jun 30, 2016 | -3.54 Mn |
| Jun 30, 2016 | -3.54 Mn |
| Mar 31, 2016 | -538,000.00 |
| Mar 31, 2016 | -538,000.00 |
| Dec 31, 2015 | 2.30 Mn |
| Dec 31, 2015 | 2.30 Mn |
| Sep 30, 2015 | -3.12 Mn |
| Sep 30, 2015 | -3.12 Mn |
| Jun 30, 2015 | -1.72 Mn |
| Jun 30, 2015 | -1.72 Mn |
| Mar 31, 2015 | 1.24 Mn |
| Mar 31, 2015 | 1.24 Mn |
| Dec 31, 2014 | 3.77 Mn |
| Dec 31, 2014 | 3.77 Mn |
| Sep 30, 2014 | 5.98 Mn |
| Sep 30, 2014 | 5.98 Mn |
| Jun 30, 2014 | 528,000.00 |
| Jun 30, 2014 | 528,000.00 |
| Mar 31, 2014 | -294,000.00 |
| Mar 31, 2014 | -294,000.00 |
| Dec 31, 2013 | 13,000.00 |
| Dec 31, 2013 | 13,000.00 |
| Sep 30, 2013 | -10.35 Mn |
| Sep 30, 2013 | -10.35 Mn |
| Jun 30, 2013 | 8.22 Mn |
| Jun 30, 2013 | 8.22 Mn |
| Mar 31, 2013 | -285,000.00 |
| Mar 31, 2013 | -285,000.00 |
| Dec 31, 2012 | 429,000.00 |
| Dec 31, 2012 | 429,000.00 |
| Sep 30, 2012 | -971,000.00 |
| Sep 30, 2012 | -971,000.00 |
| Jun 30, 2012 | 1.99 Mn |
| Jun 30, 2012 | 1.99 Mn |
| Mar 31, 2012 | 2.53 Mn |
| Mar 31, 2012 | 2.53 Mn |
| Dec 31, 2011 | 1.95 Mn |
| Dec 31, 2011 | 1.95 Mn |
| Sep 30, 2011 | 334,000.00 |
| Sep 30, 2011 | 334,000.00 |
| Jun 30, 2011 | 1.93 Mn |
| Jun 30, 2011 | 1.93 Mn |
| Mar 31, 2011 | -3.16 Mn |
| Mar 31, 2011 | -3.16 Mn |
| Dec 31, 2010 | 1.87 Mn |
| Dec 31, 2010 | 1.87 Mn |
| Sep 30, 2010 | -1.95 Mn |
| Sep 30, 2010 | -1.95 Mn |