Covenant Logistics (CVLG) Change in Receivables (2010 - 2026)
Covenant Logistics (CVLG) reported 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% on a QoQ basis from $11.5 million in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Change in Receivables data on file, last reported at $1.3 million in Q1 2026.
- Quarterly Change in Receivables rose 174.89% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $21.3 million (up 831.79% YoY) and the FY2025 annual result came in at $9.7 million, up 453.22% from the prior year.
- Change in Receivables declined 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.
- The 5-year median for Change in Receivables is $470000.0 (2025), against an average of $59000.0.
- The widest annual swing landed in 2022, when Change in Receivables tumbled 421.14%; it then soared 2008.52% in 2023.
- Tracing CVLG's Change in Receivables over 5 years: stood at -$8.4 million in 2022, then jumped by 74.32% to -$2.1 million in 2023, then slumped by 258.83% to -$7.7 million in 2024, then jumped by 248.66% to $11.5 million in 2025, then sank by 88.72% to $1.3 million in 2026.
- Per Business Quant, the three latest CVLG Change in Receivables figures stand at $1.3 million (Q1 2026), $11.5 million (Q3 2025), and $8.1 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | - |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 146.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 46.95 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 123.81 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 59.90 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -8.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 58.43 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 13.30 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | -2.37 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 1.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2023 | 16.09 Mn |
| Jun 30, 2023 | 16.09 Mn |
| Mar 31, 2023 | -2.86 Mn |
| Mar 31, 2023 | -2.86 Mn |
| Dec 31, 2022 | -8.36 Mn |
| Dec 31, 2022 | -8.36 Mn |
| Sep 30, 2022 | -9.65 Mn |
| Sep 30, 2022 | -9.65 Mn |
| Jun 30, 2022 | 763,000.00 |
| Jun 30, 2022 | 763,000.00 |
| Mar 31, 2022 | -22.21 Mn |
| Mar 31, 2022 | -22.21 Mn |
| Dec 31, 2021 | -36.30 Mn |
| Dec 31, 2021 | -36.30 Mn |
| Sep 30, 2021 | 28.18 Mn |
| Sep 30, 2021 | 28.18 Mn |
| Jun 30, 2021 | 37.75 Mn |
| Jun 30, 2021 | 37.75 Mn |
| Mar 31, 2021 | 6.92 Mn |
| Mar 31, 2021 | 6.92 Mn |
| Dec 31, 2020 | -11.56 Mn |
| Dec 31, 2020 | -11.56 Mn |
| Sep 30, 2020 | 37.61 Mn |
| Sep 30, 2020 | 37.61 Mn |
| Jun 30, 2020 | -13.42 Mn |
| Jun 30, 2020 | -13.42 Mn |
| Mar 31, 2020 | 48.22 Mn |
| Mar 31, 2020 | 48.22 Mn |
| Dec 31, 2019 | -2.39 Mn |
| Dec 31, 2019 | -2.39 Mn |
| Sep 30, 2019 | 9.26 Mn |
| Sep 30, 2019 | 9.26 Mn |
| Jun 30, 2019 | -2.65 Mn |
| Jun 30, 2019 | -2.65 Mn |
| Mar 31, 2019 | 2.48 Mn |
| Mar 31, 2019 | 2.48 Mn |
| Dec 31, 2018 | 22.48 Mn |
| Dec 31, 2018 | 22.48 Mn |
| Sep 30, 2018 | 16.54 Mn |
| Sep 30, 2018 | 16.54 Mn |
| Jun 30, 2018 | 1.17 Mn |
| Jun 30, 2018 | 1.17 Mn |
| Mar 31, 2018 | -13.00 Mn |
| Mar 31, 2018 | -13.00 Mn |
| Dec 31, 2017 | 3.70 Mn |
| Dec 31, 2017 | 3.70 Mn |
| Sep 30, 2017 | 26.24 Mn |
| Sep 30, 2017 | 26.24 Mn |
| Jun 30, 2017 | 5.78 Mn |
| Jun 30, 2017 | 5.78 Mn |
| Mar 31, 2017 | -12.04 Mn |
| Mar 31, 2017 | -12.04 Mn |
| Dec 31, 2016 | 22.54 Mn |
| Dec 31, 2016 | 22.54 Mn |
| Sep 30, 2016 | 5.58 Mn |
| Sep 30, 2016 | 5.58 Mn |
| Jun 30, 2016 | -1.62 Mn |
| Jun 30, 2016 | -1.62 Mn |
| Mar 31, 2016 | -47.70 Mn |
| Mar 31, 2016 | -47.70 Mn |
| Dec 31, 2015 | 50.78 Mn |
| Dec 31, 2015 | 50.78 Mn |
| Sep 30, 2015 | -6.10 Mn |
| Sep 30, 2015 | -6.10 Mn |
| Jun 30, 2015 | -2.47 Mn |
| Jun 30, 2015 | -2.47 Mn |
| Mar 31, 2015 | -14.09 Mn |
| Mar 31, 2015 | -14.09 Mn |
| Dec 31, 2014 | 17.20 Mn |
| Dec 31, 2014 | 17.20 Mn |
| Sep 30, 2014 | -3.33 Mn |
| Sep 30, 2014 | -3.33 Mn |
| Jun 30, 2014 | 3.01 Mn |
| Jun 30, 2014 | 3.01 Mn |
| Mar 31, 2014 | 112,000.00 |
| Mar 31, 2014 | 112,000.00 |
| Dec 31, 2013 | 5.30 Mn |
| Dec 31, 2013 | 5.30 Mn |
| Sep 30, 2013 | -11.54 Mn |
| Sep 30, 2013 | -11.54 Mn |
| Jun 30, 2013 | 9.40 Mn |
| Jun 30, 2013 | 9.40 Mn |
| Mar 31, 2013 | 1.15 Mn |
| Mar 31, 2013 | 1.15 Mn |
| Dec 31, 2012 | -902,000.00 |
| Dec 31, 2012 | -902,000.00 |
| Sep 30, 2012 | 3.99 Mn |
| Sep 30, 2012 | 3.99 Mn |
| Jun 30, 2012 | 5.62 Mn |
| Jun 30, 2012 | 5.62 Mn |
| Mar 31, 2012 | 1.70 Mn |
| Mar 31, 2012 | 1.70 Mn |
| Dec 31, 2011 | 6.43 Mn |
| Dec 31, 2011 | 6.43 Mn |
| Sep 30, 2011 | 2.35 Mn |
| Sep 30, 2011 | 2.35 Mn |
| Jun 30, 2011 | -5.77 Mn |
| Jun 30, 2011 | -5.77 Mn |
| Mar 31, 2011 | 1.34 Mn |
| Mar 31, 2011 | 1.34 Mn |
| Dec 31, 2010 | 8.61 Mn |
| Dec 31, 2010 | 8.61 Mn |
| Sep 30, 2010 | 222,000.00 |
| Sep 30, 2010 | 222,000.00 |