Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Change in Receivables came in at $6.2 million in Q1 2026, down 7.27% year-on-year from $6.7 million in Q1 2025, and down 41.66% quarter-over-quarter from $10.7 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Change in Receivables across 13 years of filings, most recently posting $6.2 million for Q1 2026.
- Change in Receivables for Q1 2026 came in at $6.2 million, down 7.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.5 million (up 69.97% YoY), and the FY2025 annual result was $15.0 million, up 507.6% from the prior year.
- Change in Receivables came in at $6.2 million for Q1 2026 at Pangaea Logistics Solutions, down 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.
- The 5-year median for Change in Receivables is -$186458.0 (2024), against an average of $970735.5.
- Across the five-year window, Change in Receivables plunged 4475.69% in 2022 and surged 2508.56% in 2023, its largest moves.
- Pangaea Logistics Solutions' Change in Receivables stood at -$4.5 million in 2022, then gained by 19.85% to -$3.6 million in 2023, then surged by 68.82% to -$1.1 million in 2024, then surged by 1048.93% to $10.7 million in 2025, then plunged by 41.66% to $6.2 million in 2026.
- The last three Change in Receivables figures came in at $6.2 million (Q1 2026), $10.7 million (Q4 2025), and -$3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | - |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 1.10 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | - |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | - |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -37.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 3.87 Mn |
| 10 | Pangaea Logistics Solutions | 462.83 Mn | 418.86 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 |