Pangaea Logistics Solutions (PANL) Receivables (2013 - 2026)
Pangaea Logistics Solutions (PANL) reported Receivables of $61.3 million for Q1 2026, up 27.89% on a YoY basis from $47.9 million in Q1 2025, and up 8.6% sequentially from $56.4 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Receivables (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 14 years of Receivables data on file, last reported at $61.3 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables rose 27.89% year-over-year to $61.3 million; the trailing twelve-month figure through Mar 2026 stood at $61.3 million (up 27.89% YoY), and the FY2025 full-year result was $56.4 million, up 23.64% from the prior year.
- Receivables rose to $61.3 million in Q1 2026, from $56.4 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $61.3 million in Q1 2026 to a low of $33.4 million in Q1 2023.
- A 5-year average of $46.2 million and a median of $45.6 million in 2025 frame the typical range for Receivables.
- Peak annual rise in Receivables reached 47.18% in 2022, while the deepest fall reached 33.03% in 2022.
- Tracing PANL's Receivables over 5 years: stood at $40.0 million in 2022, then grew by 29.12% to $51.6 million in 2023, then slipped by 11.63% to $45.6 million in 2024, then gained by 23.64% to $56.4 million in 2025, then increased by 8.6% to $61.3 million in 2026.
- Business Quant data shows PANL's Receivables at $61.3 million in Q1 2026, $56.4 million in Q4 2025, and $45.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,968,558.65 Bn | 2,968,557.73 Bn | 57.20 Mn | - |
| 2 | Danaos | 2,539.75 Bn | 2,538.87 Bn | 203.71 Mn | 91.23 Mn |
| 3 | Sfl | 1,572.73 Bn | 1,572.58 Bn | 66.27 Mn | 31.65 Mn |
| 4 | Capital Clean Energy Carriers | 1,428.00 Bn | 1,427.46 Bn | 95.52 Mn | 12.85 Mn |
| 5 | Globus Maritime | 59.87 Bn | 59.84 Bn | 8,083.00 | 1.82 Mn |
| 6 | Kirby | 8.09 Bn | 8.01 Bn | 291.34 Mn | 543.12 Mn |
| 7 | Matson | 6.28 Bn | 6.18 Bn | - | 257.90 Mn |
| 8 | Intercont (Cayman) | 3.94 Bn | 3.93 Bn | - | 207,393.00 |
| 9 | Hafnia | 3.73 Bn | 3.61 Bn | 152.41 Mn | 585.21 Mn |
| 10 | Pangaea Logistics Solutions | 481.45 Mn | 391.71 Mn | - | 61.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.28 Mn |
| Dec 31, 2025 | 56.43 Mn |
| Sep 30, 2025 | 45.57 Mn |
| Jun 30, 2025 | 49.33 Mn |
| Mar 31, 2025 | 47.92 Mn |
| Dec 31, 2024 | 45.64 Mn |
| Sep 30, 2024 | 44.16 Mn |
| Jun 30, 2024 | 41.33 Mn |
| Mar 31, 2024 | 42.00 Mn |
| Dec 31, 2023 | 51.64 Mn |
| Sep 30, 2023 | 53.50 Mn |
| Jun 30, 2023 | 42.82 Mn |
| Mar 31, 2023 | 33.44 Mn |
| Dec 31, 2022 | 40.00 Mn |
| Sep 30, 2022 | 42.34 Mn |
| Jun 30, 2022 | 41.10 Mn |
| Mar 31, 2022 | 46.21 Mn |
| Dec 31, 2021 | 59.72 Mn |
| Sep 30, 2021 | 41.30 Mn |
| Jun 30, 2021 | 30.76 Mn |