Pangaea Logistics Solutions (PANL) Change in Receivables (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Change in Receivables came in at -$2.0 million in Q2 2026, down 253.19% year-over-year from $1.3 million in Q2 2025, and down 132.48% quarter-over-quarter from $6.2 million in Q1 2026.
Analysis
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 -$2.0 million for Q2 2026.
- In Q2 2026, Change in Receivables fell 253.19% year-over-year to -$2.0 million; the TTM figure through Jun 2026 stood at $11.2 million (up 11.36% YoY), while the FY2025 annual figure was $15.0 million, up 507.6% from the prior year.
- Change in Receivables came in at -$2.0 million for Q2 2026 at Pangaea Logistics Solutions, down from $6.2 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.
- Average Change in Receivables over 5 years is $804639.1, with a median of -$314989.0 recorded in 2022.
- Year-over-year, Change in Receivables tumbled 4475.69% in 2022 and soared 2508.56% in 2023.
- Over 5 years, 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 tumbled by 118.95% to -$2.0 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were -$2.0 million in Q2 2026, $6.2 million in Q1 2026, and $10.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | - |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 77.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 64.19 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -15.95 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -266.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | - |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | -2.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.02 Mn |
| Mar 31, 2026 | 6.22 Mn |
| Dec 31, 2025 | 10.65 Mn |
| Sep 30, 2025 | -3.65 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Mar 31, 2025 | 6.70 Mn |
| Dec 31, 2024 | -1.12 Mn |
| Sep 30, 2024 | 3.16 Mn |
| Jun 30, 2024 | -186,458.00 |
| Mar 31, 2024 | -5.54 Mn |
| Dec 31, 2023 | -3.60 Mn |
| Sep 30, 2023 | 10.48 Mn |
| Jun 30, 2023 | 10.68 Mn |
| Mar 31, 2023 | -3.49 Mn |
| Dec 31, 2022 | -4.49 Mn |
| Sep 30, 2022 | 2.01 Mn |
| Jun 30, 2022 | -443,520.00 |
| Mar 31, 2022 | -12.20 Mn |
| Dec 31, 2021 | 14.32 Mn |
| Sep 30, 2021 | 10.45 Mn |