Pangaea Logistics Solutions (PANL) Receivables (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Receivables of $61.3 million for Q1 2026, up 8.6% sequentially from $56.4 million in Q4 2025, and up 27.89% YoY from $47.9 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Receivables (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Receivables for 14 years, with the latest figure at $61.3 million in Q1 2026.
- Quarterly Receivables rose 27.89% year-over-year to $61.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $61.3 million (up 27.89% YoY) and the FY2025 annual result came in at $56.4 million, up 23.64% from the prior year.
- Receivables rose to $61.3 million in Q1 2026 per PANL's latest filing, from $56.4 million in the prior quarter.
- Over five years, Receivables peaked at $61.3 million in Q1 2026 and troughed at $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.
- The widest YoY moves for Receivables: up 47.18% in 2022, down 33.03% in 2022.
- Over 5 years, Receivables stood at $40.0 million in 2022, then gained by 29.12% to $51.6 million in 2023, then fell by 11.63% to $45.6 million in 2024, then grew by 23.64% to $56.4 million in 2025, then advanced by 8.6% to $61.3 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $61.3 million, $56.4 million, and $45.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 724.30 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 335.30 Mn |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 585.21 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 842.50 Mn |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | 97.19 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 91.38 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 133.97 Mn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 46.43 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 7.04 Bn |
| 10 | Pangaea Logistics Solutions | 502.18 Mn | 442.56 Mn | - | 59.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.15 Mn |
| 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 |