Covenant Logistics Group CVLG Accounts Receivable Credit Loss Expense Reversal Including Discontinued Operations
Accounts Receivable Credit Loss Expense Reversal Including Discontinued Operations at other companies
Other financials
Where this comes from
Reported directly by Covenant Logistics Group in its filing.
Tagged under the XBRL concept cvti:AccountsReceivableCreditLossExpenseReversalIncludingDiscontinuedOperations.
The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Covenant Logistics Group's accounts receivable credit loss expense reversal including discontinued operations?
- Covenant Logistics Group (CVLG) reported accounts receivable credit loss expense reversal including discontinued operations of -$130K in Q1 2026.
- What is the long-term trend for Covenant Logistics Group's accounts receivable credit loss expense reversal including discontinued operations?
- Over 3 years (2021 to 2025), Covenant Logistics Group's accounts receivable credit loss expense reversal including discontinued operations has grown at a -51.0% compound annual growth rate (CAGR), from $1.34M to -$157K.
- What does accounts receivable credit loss expense reversal including discontinued operations mean?
- This metric represents the reversal of previously recorded provisions for credit losses on accounts receivable. It reflects a positive adjustment to earnings when the company determines that the risk of non-payment is lower than originally estimated. This serves as an indicator of the quality of the company's credit management and the collectability of its trade receivables.