Pangaea Logistics Solutions (PANL) Accounts Payables (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Accounts Payables of $72.7 million for Q1 2026, up 33.96% sequentially from $54.3 million in Q4 2025, and up 68.8% YoY from $43.1 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Accounts Payables (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Accounts Payables for 14 years, with the latest figure at $72.7 million in Q1 2026.
- Quarterly Accounts Payables rose 68.8% year-over-year to $72.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $72.7 million (up 68.8% YoY) and the FY2025 annual result came in at $54.3 million, up 16.48% from the prior year.
- Accounts Payables climbed to $72.7 million in Q1 2026 per PANL's latest filing, from $54.3 million in the prior quarter.
- Over five years, Accounts Payables peaked at $72.7 million in Q1 2026 and troughed at $33.0 million in Q1 2024.
- A 5-year average of $48.9 million and a median of $46.6 million in 2024 frame the typical range for Accounts Payables.
- The sharpest annual moves came in 2022 and 2023: Accounts Payables surged 92.9% in 2022, then declined 28.84% in 2023.
- Over 5 years, Accounts Payables stood at $38.6 million in 2022, then dropped by 10.91% to $34.3 million in 2023, then soared by 35.62% to $46.6 million in 2024, then gained by 16.48% to $54.3 million in 2025, then jumped by 33.96% to $72.7 million in 2026.
- According to Business Quant data, Accounts Payables over the past three periods registered $72.7 million, $54.3 million, and $64.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 249.75 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 297.90 Mn |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 354.15 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 703.70 Mn |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | 59.70 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 25.13 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 32.30 Mn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 13.86 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 26.35 Mn |
| 10 | Pangaea Logistics Solutions | 502.18 Mn | 442.56 Mn | - | 83.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 83.01 Mn |
| Mar 31, 2026 | 72.68 Mn |
| Dec 31, 2025 | 54.26 Mn |
| Sep 30, 2025 | 64.24 Mn |
| Jun 30, 2025 | 61.40 Mn |
| Mar 31, 2025 | 43.06 Mn |
| Dec 31, 2024 | 46.58 Mn |
| Sep 30, 2024 | 47.78 Mn |
| Jun 30, 2024 | 39.26 Mn |
| Mar 31, 2024 | 32.95 Mn |
| Dec 31, 2023 | 34.35 Mn |
| Sep 30, 2023 | 42.37 Mn |
| Jun 30, 2023 | 46.71 Mn |
| Mar 31, 2023 | 40.22 Mn |
| Dec 31, 2022 | 38.55 Mn |
| Sep 30, 2022 | 44.49 Mn |
| Jun 30, 2022 | 65.30 Mn |
| Mar 31, 2022 | 56.53 Mn |
| Dec 31, 2021 | 49.15 Mn |
| Sep 30, 2021 | 50.89 Mn |