Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

Covenant Logistics (CVLG) Change in Account Payables (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly 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% quarter-over-quarter from $3.7 million in Q3 2025.

Covenant Logistics (CVLG) Change in Account Payables (2010 - 2026) Analysis & Trends

Covenant Logistics (CVLG) has reported Change in Account Payables for 17 consecutive years, with $2.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Account Payables fell 78.46% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at $18.5 million (down 39.36% YoY), while the FY2025 annual figure was $5.8 million, down 31.31% from the prior year.
  • Change in Account Payables declined 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.
  • Historically, Change in Account Payables has averaged $2.0 million across 5 years, with a median of $2.0 million in 2022.
  • Annual changes were most pronounced in 2023 — Change in Account Payables sank 799.05% — and 2024, when it surged 1738.89%.
  • Covenant Logistics' Change in Account Payables stood at -$211000.0 in 2022, then tumbled by 799.05% to -$1.9 million in 2023, then jumped by 534.48% to $8.2 million in 2024, then sank by 55.05% to $3.7 million in 2025, then plunged by 46.26% to $2.0 million in 2026.
  • Business Quant data shows CVLG's Change in Account Payables at $2.0 million in Q1 2026, $3.7 million in Q3 2025, and $3.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Old Dominion Freight Line 42.90 Bn 42.61 Bn 1.52 Bn -
2 Xpo 23.22 Bn 22.92 Bn 1.89 Bn 13.00 Mn
3 TFI International 11.64 Bn 11.44 Bn - -
4 Knight-Swift Transportation Holdings 11.60 Bn 11.42 Bn 1.77 Bn 6.82 Mn
5 Saia 9.69 Bn 9.61 Bn - -8.41 Mn
6 Schneider National 6.27 Bn 5.74 Bn 1.00 Bn -7.90 Mn
7 Rxo 3.79 Bn 3.78 Bn 302.00 Mn 130.00 Mn
8 Arcbest 3.14 Bn 2.97 Bn 1.14 Bn -
9 Werner Enterprises 2.33 Bn 2.27 Bn - -17.22 Mn
10 Covenant Logistics 885.80 Mn 883.19 Mn 320.47 Mn -3.52 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -3.52 Mn
Jun 30, 2026 -3.52 Mn
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