Covenant Logistics Group's total inventories for the quarter that ended in Mar. 2026 was €6 Mil. Covenant Logistics Group's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €6 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Covenant Logistics Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-16.46.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Covenant Logistics Group's Days Inventory for the
three
months ended in Mar. 2026 was 2.28.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Covenant Logistics Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 40.01.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Covenant Logistics Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.
Covenant Logistics Group (FRA:CV5) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Covenant Logistics Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Covenant Logistics Group's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Covenant Logistics Group Total Inventories Related Terms
Covenant Logistics Group Total Inventories Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Covenant Logistics Group Total Inventories Calculation
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Covenant Logistics Group (FRA:CV5) has a Total Inventories of €6 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Covenant Logistics Group and its competitors.
Is Covenant Logistics Group's Total Inventories too high?
Covenant Logistics Group's current Total Inventories is €6 Mil. Overall, Covenant Logistics Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's Total Inventories compare to HTLD and MRTN?
Covenant Logistics Group's Total Inventories of €6 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Transportation company?
A good Total Inventories depends on the Transportation industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Covenant Logistics Group and its competitors. Covenant Logistics Group's current Total Inventories is €6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covenant Logistics Group stock overvalued right now?
Covenant Logistics Group (FRA:CV5) has a current Total Inventories of €6 Mil. The stock's GF Value™ is €23.50, compared to a current price of €37.40 — trading 59.1% above its estimated fair value. The current Total Inventories is €6 Mil. Covenant Logistics Group's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Covenant Logistics Group (FRA:CV5), the current Total Inventories is €6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Covenant Logistics Group (FRA:CV5) Overvalued in 2026?
Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued.
The current stock price of €37.40 is trading 59.1% above its estimated GF Value™ of €23.50.
Key valuation signals for FRA:CV5:
Total Inventories: €6 Mil
GF Value™: €23.50 vs. price of €37.40 (59.1% above fair value)
No single metric tells the full story. See the FRA:CV5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covenant Logistics Group Inc together with its wholly-owned subsidiaries, offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight, and Warehousing. The expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. The Managed Freight segment includes brokerage services and TMS. The warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function.
68GF Score
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