Pangaea Logistics Solutions (PANL) Payables (2013 - 2026)
Pangaea Logistics Solutions (PANL) reported Payables of $73.3 million for Q1 2026, up 66.1% on a YoY basis from $44.1 million in Q1 2025, and up 30.22% sequentially from $56.3 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Payables (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 14 years of Payables data on file, last reported at $73.3 million in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 66.1% year-over-year to $73.3 million; the trailing twelve-month figure through Mar 2026 stood at $73.3 million (up 66.1% YoY), and the FY2025 full-year result was $56.3 million, up 14.88% from the prior year.
- Payables grew to $73.3 million in Q1 2026, from $56.3 million in the prior quarter.
- In the past five years, Payables ranged from a high of $73.3 million in Q1 2026 to a low of $33.9 million in Q1 2024.
- A 5-year average of $49.9 million and a median of $47.5 million in 2023 frame the typical range for Payables.
- Across the five-year window, Payables soared 92.93% in 2022 and fell 27.96% in 2023, its largest moves.
- Tracing PANL's Payables over 5 years: stood at $39.2 million in 2022, then dropped by 5.61% to $37.0 million in 2023, then soared by 32.42% to $49.0 million in 2024, then gained by 14.88% to $56.3 million in 2025, then surged by 30.22% to $73.3 million in 2026.
- Business Quant data shows PANL's Payables at $73.3 million in Q1 2026, $56.3 million in Q4 2025, and $65.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,961,257.70 Bn | 2,961,256.78 Bn | 57.20 Mn | 703.70 Mn |
| 2 | Danaos | 2,539.20 Bn | 2,538.33 Bn | 203.71 Mn | 32.42 Mn |
| 3 | Sfl | 1,571.40 Bn | 1,571.25 Bn | 66.27 Mn | 178.70 Mn |
| 4 | Capital Clean Energy Carriers | 1,428.60 Bn | 1,428.06 Bn | 95.52 Mn | 25.27 Mn |
| 5 | Globus Maritime | 60.18 Bn | 60.15 Bn | 8,083.00 | 3.16 Mn |
| 6 | Kirby | 8.05 Bn | 7.97 Bn | 291.34 Mn | 225.97 Mn |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - | 294.00 Mn |
| 8 | Intercont (Cayman) | 3.94 Bn | 3.93 Bn | - | 854,400.00 |
| 9 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 566.73 Mn |
| 10 | Pangaea Logistics Solutions | 477.60 Mn | 387.85 Mn | - | 73.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.26 Mn |
| Dec 31, 2025 | 56.26 Mn |
| Sep 30, 2025 | 65.38 Mn |
| Jun 30, 2025 | 62.52 Mn |
| Mar 31, 2025 | 44.11 Mn |
| Dec 31, 2024 | 48.97 Mn |
| Sep 30, 2024 | 49.06 Mn |
| Jun 30, 2024 | 40.37 Mn |
| Mar 31, 2024 | 33.92 Mn |
| Dec 31, 2023 | 36.98 Mn |
| Sep 30, 2023 | 43.35 Mn |
| Jun 30, 2023 | 47.51 Mn |
| Mar 31, 2023 | 40.86 Mn |
| Dec 31, 2022 | 39.18 Mn |
| Sep 30, 2022 | 44.69 Mn |
| Jun 30, 2022 | 65.50 Mn |
| Mar 31, 2022 | 56.72 Mn |
| Dec 31, 2021 | 49.37 Mn |
| Sep 30, 2021 | 50.99 Mn |
| Jun 30, 2021 | 44.79 Mn |