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
DateValue
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