Pangaea Logistics Solutions (PANL) Accounts Payables (2013 - 2026)
Pangaea Logistics Solutions' Accounts Payables was $83.01 million in Q2 2026, up 35.2% from $61.4 million a year earlier and up 14.2% from the prior quarter.
Pangaea Logistics Solutions (PANL) Accounts Payables (2013 - 2026) Analysis & Trends
At the end of FY2025, Accounts Payables at Pangaea Logistics Solutions came in at $54.26 million, up 16.5% from FY2024.
- Accounts Payables shows a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- In earlier years, Accounts Payables was $46.58 million in FY2024 (+35.6%), $34.35 million in FY2023 (-10.9%), $38.55 million in FY2022 (-21.6%) and $49.15 million in FY2021 (+51.7%).
- The Q2 2026 figure marks the highest quarterly Accounts Payables in data going back to Q4 2013.
- Compared with a year earlier, Accounts Payables has increased for eight straight quarters, with growth averaging 36.3% over the last eight quarters.
- The best year-over-year quarter for Accounts Payables over five years was Q1 2022 (growth of 92.9%); the worst was Q1 2023 (a decline of 28.8%).
- Per Business Quant data, PANL's Accounts Payables in the three quarters before Q2 2026 was $72.68 million (Q1 2026), $54.26 million (Q4 2025) and $64.24 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 4.32 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 1.11 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 2.11 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 5.98 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 1.78 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 4.33 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 6.74 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 80.99 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 828.76 Mn |
| 10 | Pangaea Logistics Solutions | 525.10 Mn | 178.66 Mn | - | 83.01 Mn |
Historic 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 |
Pangaea Logistics Solutions Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "PANL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();