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% YoY from $111180.2 in Q1 2025, and up 66.6% sequentially from $497000.0 in Q3 2025.
Covenant Logistics (CVLG) Change in Inventory (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Change in Inventory across 17 years of filings, most recently posting $828000.0 for 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 advanced to $828000.0 in Q1 2026, from $497000.0 in the prior quarter.
- Over the last five years, Change in Inventory for CVLG reached as high as $1.3 million in Q3 2024 and fell as low as -$258000.0 in Q2 2025.
- The 5-year median for Change in Inventory is $230000.0 (2022), against an average of $248133.3.
- Annual changes were most pronounced in 2022 — Change in Inventory sank 329.81% — and 2026, when it surged 644.74%.
- A 5-year view of Change in Inventory shows it stood at -$206000.0 in 2022, then soared by 92.72% to -$15000.0 in 2023, then surged by 8506.67% to $1.3 million in 2024, then sank by 60.59% to $497000.0 in 2025, then surged by 66.6% to $828000.0 in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $828000.0, $497000.0, and -$258000.0 for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | - |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | - |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | - |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | - |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | - |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | - |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | - |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 828,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2023 | -198,000.00 |
| Jun 30, 2023 | -198,000.00 |