Covenant Logistics (CVLG) Change in Receivables (2010 - 2026)
Covenant Logistics (CVLG) reported Change in Receivables of $8.95 million for Q2 2026, up 17.2% from $7.63 million a year earlier and up 592.5% from the prior quarter.
Covenant Logistics (CVLG) Change in Receivables (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Covenant Logistics' Change in Receivables came in at $11.85 million; for FY2025, it was $9.71 million.
- Change in Receivables has a five-year compound annual growth rate of -30.7% (FY2020 to FY2025).
- By year, Change in Receivables came in at -$2.75 million in FY2024, $22.42 million in FY2023, -$39.47 million in FY2022 and $36.54 million in FY2021 (-39.9%).
- The Q2 2026 figure ranks as the highest quarterly Change in Receivables since Q2 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.29 million (Q1 2026), -$1.74 million (Q4 2025) and $3.35 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 144.00 Mn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 70.00 Mn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 755.00 Mn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | - |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 55.00 Mn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 1.16 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | - |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | - |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 8.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.95 Mn |
| Mar 31, 2026 | 1.29 Mn |
| Dec 31, 2025 | -1.74 Mn |
| Sep 30, 2025 | 3.35 Mn |
| Jun 30, 2025 | 7.63 Mn |
| Mar 31, 2025 | 470,000.00 |
| Dec 31, 2024 | 4.96 Mn |
| Sep 30, 2024 | -15.84 Mn |
| Jun 30, 2024 | 11.95 Mn |
| Mar 31, 2024 | -3.81 Mn |
| Dec 31, 2023 | -2.15 Mn |
| Sep 30, 2023 | 11.34 Mn |
| Jun 30, 2023 | 16.09 Mn |
| Mar 31, 2023 | -2.86 Mn |
| Dec 31, 2022 | -8.36 Mn |
| Sep 30, 2022 | -9.65 Mn |
| Jun 30, 2022 | 763,000.00 |
| Mar 31, 2022 | -22.21 Mn |
| Dec 31, 2021 | -36.30 Mn |
| Sep 30, 2021 | 28.18 Mn |
Covenant Logistics Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();