Covenant Logistics (CVLG) Change in Inventory (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Change in Inventory of $828000.0 for Q1 2026, up 644.74% year-over-year from $111180.2 in Q1 2025, and up 66.6% quarter-over-quarter from $497000.0 in Q3 2025.
Covenant Logistics (CVLG) Change in Inventory (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Change in Inventory for 17 consecutive years, with $828000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory rose 644.74% year-over-year to $828000.0; the TTM figure through Mar 2026 stood at $915000.0 (down 57.34% YoY), while the FY2025 annual figure was $678000.0, down 15.25% from the prior year.
- Change in Inventory climbed to $828000.0 in Q1 2026 per CVLG's latest filing, from $497000.0 in the prior quarter.
- Across five years, Change in Inventory topped out at $1.3 million in Q3 2024 and bottomed at -$258000.0 in Q2 2025.
- Historically, Change in Inventory has averaged $248133.3 across 5 years, with a median of $230000.0 in 2022.
- Annual changes were most pronounced in 2022 — Change in Inventory tumbled 329.81% — and 2026, when it surged 644.74%.
- Covenant Logistics' Change in Inventory stood at -$206000.0 in 2022, then jumped by 92.72% to -$15000.0 in 2023, then soared by 8506.67% to $1.3 million in 2024, then plunged by 60.59% to $497000.0 in 2025, then soared by 66.6% to $828000.0 in 2026.
- Business Quant data shows CVLG's Change in Inventory at $828000.0 in Q1 2026, $497000.0 in Q3 2025, and -$258000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (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 | - |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | - |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | - |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | - |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | - |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | - |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | -442,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -442,000.00 |
| Jun 30, 2026 | -442,000.00 |
| Mar 31, 2026 | 828,000.00 |
| Mar 31, 2026 | 828,000.00 |
| Sep 30, 2025 | 497,000.00 |
| Sep 30, 2025 | 497,000.00 |
| Jun 30, 2025 | -258,000.00 |
| Jun 30, 2025 | -258,000.00 |
| Mar 31, 2025 | -152,000.00 |
| Mar 31, 2025 | -152,000.00 |
| Sep 30, 2024 | 1.26 Mn |
| Sep 30, 2024 | 1.26 Mn |
| Jun 30, 2024 | 757,000.00 |
| Jun 30, 2024 | 757,000.00 |
| Mar 31, 2024 | 279,000.00 |
| Mar 31, 2024 | 279,000.00 |
| Dec 31, 2023 | -15,000.00 |
| Dec 31, 2023 | -15,000.00 |
| Sep 30, 2023 | 738,000.00 |
| Sep 30, 2023 | 738,000.00 |