Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026)
Pangaea Logistics Solutions (PANL) reported Change in Receivables of $6.2 million for Q1 2026, down 7.27% on a YoY basis from $6.7 million in Q1 2025, and down 41.66% sequentially from $10.7 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 13 years of Change in Receivables data on file, last reported at $6.2 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Receivables fell 7.27% year-over-year to $6.2 million; the trailing twelve-month figure through Mar 2026 stood at $14.5 million (up 69.97% YoY), and the FY2025 full-year result was $15.0 million, up 507.6% from the prior year.
- Change in Receivables fell to $6.2 million in Q1 2026, from $10.7 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $10.7 million in Q2 2023 to a low of -$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.
- Across the five-year window, Change in Receivables slumped 4475.69% in 2022 and surged 2508.56% in 2023, its largest moves.
- Tracing PANL's Change in Receivables over 5 years: stood at -$4.5 million in 2022, then rose 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 sank by 41.66% to $6.2 million in 2026.
- Business Quant data shows PANL's Change in Receivables at $6.2 million in Q1 2026, $10.7 million in Q4 2025, and -$3.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,957,715.68 Bn | 2,957,714.76 Bn | 57.20 Mn | -37.80 Mn |
| 2 | Danaos | 2,525.64 Bn | 2,524.76 Bn | 203.71 Mn | 1.44 Mn |
| 3 | Sfl | 1,563.33 Bn | 1,563.18 Bn | 66.27 Mn | - |
| 4 | Capital Clean Energy Carriers | 1,428.00 Bn | 1,427.46 Bn | 95.52 Mn | - |
| 5 | Globus Maritime | 59.56 Bn | 59.53 Bn | 8,083.00 | -1.17 Mn |
| 6 | Kirby | 8.04 Bn | 7.96 Bn | 291.34 Mn | - |
| 7 | Matson | 6.23 Bn | 6.13 Bn | - | 1.10 Mn |
| 8 | Intercont (Cayman) | 3.94 Bn | 3.93 Bn | - | - |
| 9 | Hafnia | 3.71 Bn | 3.60 Bn | 152.41 Mn | -27.27 Mn |
| 10 | Pangaea Logistics Solutions | 475.67 Mn | 385.93 Mn | - | 6.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -3.60 Mn |
| Dec 31, 2023 | -3.60 Mn |