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| Date | Value |
|---|---|
| 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 |