Covenant Logistics (CVLG) Change in Receivables (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Change in Receivables of $1.3 million for Q1 2026, up 174.89% year-over-year from $470000.0 in Q1 2025, and down 88.72% quarter-over-quarter from $11.5 million in Q3 2025.
Covenant Logistics (CVLG) Change in Receivables (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Change in Receivables for 17 consecutive years, with $1.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Receivables rose 174.89% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at $21.3 million (up 831.79% YoY), while the FY2025 annual figure was $9.7 million, up 453.22% from the prior year.
- Change in Receivables retreated to $1.3 million in Q1 2026 per CVLG's latest filing, from $11.5 million in the prior quarter.
- Across five years, Change in Receivables topped out at $16.1 million in Q2 2023 and bottomed at -$22.2 million in Q1 2022.
- Historically, Change in Receivables has averaged $59000.0 across 5 years, with a median of $470000.0 in 2025.
- Annual changes were most pronounced in 2022 — Change in Receivables sank 421.14% — and 2023, when it surged 2008.52%.
- Covenant Logistics' Change in Receivables stood at -$8.4 million in 2022, then jumped by 74.32% to -$2.1 million in 2023, then sank by 258.83% to -$7.7 million in 2024, then jumped by 248.66% to $11.5 million in 2025, then plunged by 88.72% to $1.3 million in 2026.
- Business Quant data shows CVLG's Change in Receivables at $1.3 million in Q1 2026, $11.5 million in Q3 2025, and $8.1 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 | 116.00 Mn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 10.57 Mn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 49.32 Mn |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 54.00 Mn |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 231.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 10.09 Mn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 5.42 Mn |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | 8.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.95 Mn |
| Jun 30, 2026 | 8.95 Mn |
| Mar 31, 2026 | 1.29 Mn |
| Mar 31, 2026 | 1.29 Mn |
| Sep 30, 2025 | 11.45 Mn |
| Sep 30, 2025 | 11.45 Mn |
| Jun 30, 2025 | 8.10 Mn |
| Jun 30, 2025 | 8.10 Mn |
| Mar 31, 2025 | 470,000.00 |
| Mar 31, 2025 | 470,000.00 |
| Sep 30, 2024 | -7.70 Mn |
| Sep 30, 2024 | -7.70 Mn |
| Jun 30, 2024 | 8.13 Mn |
| Jun 30, 2024 | 8.13 Mn |
| Mar 31, 2024 | -3.81 Mn |
| Mar 31, 2024 | -3.81 Mn |
| Dec 31, 2023 | -2.15 Mn |
| Dec 31, 2023 | -2.15 Mn |
| Sep 30, 2023 | 11.34 Mn |
| Sep 30, 2023 | 11.34 Mn |