Genco Shipping & Trading (GNK) Accounts Payables (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Accounts Payables of $34.5 million for Q1 2026, down 12.22% year-over-year from $39.3 million in Q1 2025, and up 85.26% quarter-over-quarter from $18.6 million in Q4 2025.
Genco Shipping & Trading (GNK) Accounts Payables (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Accounts Payables for 18 consecutive years, with $34.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accounts Payables fell 12.22% year-over-year to $34.5 million; the TTM figure through Mar 2026 stood at $34.5 million (down 12.22% YoY), while the FY2025 annual figure was $18.6 million, up 6.65% from the prior year.
- Accounts Payables improved to $34.5 million in Q1 2026 per GNK's latest filing, from $18.6 million in the prior quarter.
- Across five years, Accounts Payables topped out at $44.7 million in Q2 2025 and bottomed at $10.6 million in Q4 2023.
- Historically, Accounts Payables has averaged $26.9 million across 5 years, with a median of $27.4 million in 2023.
- Annual changes were most pronounced in 2022 — Accounts Payables soared 227.36% — and 2023, when it slumped 63.87%.
- Genco Shipping & Trading's Accounts Payables stood at $29.5 million in 2022, then plunged by 63.87% to $10.6 million in 2023, then jumped by 64.13% to $17.5 million in 2024, then increased by 6.65% to $18.6 million in 2025, then jumped by 85.26% to $34.5 million in 2026.
- Business Quant data shows GNK's Accounts Payables at $34.5 million in Q1 2026, $18.6 million in Q4 2025, and $20.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 249.75 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 297.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 354.15 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 703.70 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 59.70 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 25.13 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 32.30 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 13.86 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 26.35 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | 38.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.09 Mn |
| Mar 31, 2026 | 34.54 Mn |
| Dec 31, 2025 | 18.64 Mn |
| Sep 30, 2025 | 20.31 Mn |
| Jun 30, 2025 | 44.69 Mn |
| Mar 31, 2025 | 39.34 Mn |
| Dec 31, 2024 | 17.48 Mn |
| Sep 30, 2024 | 32.94 Mn |
| Jun 30, 2024 | 27.96 Mn |
| Mar 31, 2024 | 14.50 Mn |
| Dec 31, 2023 | 10.65 Mn |
| Sep 30, 2023 | 27.43 Mn |
| Jun 30, 2023 | 19.04 Mn |
| Mar 31, 2023 | 14.60 Mn |
| Dec 31, 2022 | 29.48 Mn |
| Sep 30, 2022 | 38.83 Mn |
| Jun 30, 2022 | 41.18 Mn |
| Mar 31, 2022 | 25.80 Mn |
| Dec 31, 2021 | 29.96 Mn |
| Sep 30, 2021 | 11.86 Mn |