Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026)

Pangaea Logistics Solutions (PANL) posted Change in Receivables of $6.2 million for Q1 2026, down 41.66% sequentially from $10.7 million in Q4 2025, and down 7.27% YoY from $6.7 million in Q1 2025.

Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026) Analysis & Trends

Pangaea Logistics Solutions has reported Change in Receivables for 13 years, with the latest figure at $6.2 million in Q1 2026.

  • Quarterly Change in Receivables fell 7.27% year-over-year to $6.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.5 million (up 69.97% YoY) and the FY2025 annual result came in at $15.0 million, up 507.6% from the prior year.
  • Change in Receivables fell to $6.2 million in Q1 2026 per PANL's latest filing, from $10.7 million in the prior quarter.
  • Over five years, Change in Receivables peaked at $10.7 million in Q2 2023 and troughed at -$12.2 million in Q1 2022.
  • A 5-year average of $970735.5 and a median of -$186458.0 in 2024 frame the typical range for Change in Receivables.
  • The sharpest annual moves came in 2022 and 2023: Change in Receivables plunged 4475.69% in 2022, then jumped 2508.56% in 2023.
  • Over 5 years, Change in Receivables stood at -$4.5 million in 2022, then climbed by 19.85% to -$3.6 million in 2023, then jumped by 68.82% to -$1.1 million in 2024, then jumped by 1048.93% to $10.7 million in 2025, then plunged by 41.66% to $6.2 million in 2026.
  • According to Business Quant data, Change in Receivables over the past three periods registered $6.2 million, $10.7 million, and -$3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn -
2 Matson 6.58 Bn 6.46 Bn - 77.50 Mn
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn -27.27 Mn
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn -37.80 Mn
5 Star Bulk Carriers 3.37 Bn 2.87 Bn - -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn 3.07 Mn
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn -55.65 Mn
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn -12.36 Mn
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn 7.24 Mn
10 Pangaea Logistics Solutions 502.18 Mn 442.56 Mn - -2.02 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.02 Mn
Jun 30, 2026 -2.02 Mn
Mar 31, 2026 6.22 Mn
Mar 31, 2026 6.22 Mn
Dec 31, 2025 10.65 Mn
Dec 31, 2025 10.65 Mn
Sep 30, 2025 -3.65 Mn
Sep 30, 2025 -3.65 Mn
Jun 30, 2025 1.32 Mn
Jun 30, 2025 1.32 Mn
Mar 31, 2025 6.70 Mn
Mar 31, 2025 6.70 Mn
Dec 31, 2024 -1.12 Mn
Dec 31, 2024 -1.12 Mn
Sep 30, 2024 3.16 Mn
Sep 30, 2024 3.16 Mn
Jun 30, 2024 -186,458.00
Jun 30, 2024 -186,458.00
Mar 31, 2024 -5.54 Mn
Mar 31, 2024 -5.54 Mn