Pangaea Logistics Solutions (PANL) Receivables (2013 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Receivables came in at $59.1 million in Q2 2026, up 19.91% year-over-year from $49.3 million in Q2 2025, and down 3.48% quarter-over-quarter from $61.3 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Receivables (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Receivables across 14 years of filings, most recently posting $59.1 million for Q2 2026.
- In Q2 2026, Receivables rose 19.91% year-over-year to $59.1 million; the TTM figure through Jun 2026 stood at $59.1 million (up 19.91% YoY), while the FY2025 annual figure was $56.4 million, up 23.64% from the prior year.
- Receivables came in at $59.1 million for Q2 2026 at Pangaea Logistics Solutions, down from $61.3 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.
- Average Receivables over 5 years is $46.9 million, with a median of $45.6 million recorded in 2024.
- The largest YoY upside for Receivables was 47.18% in 2022 against a maximum downside of 33.03% in 2022.
- Over 5 years, Receivables stood at $40.0 million in 2022, then increased by 29.12% to $51.6 million in 2023, then dropped by 11.63% to $45.6 million in 2024, then advanced by 23.64% to $56.4 million in 2025, then increased by 4.82% to $59.1 million in 2026.
- Per Business Quant data, the three most recent Receivables figures were $59.1 million in Q2 2026, $61.3 million in Q1 2026, and $56.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 724.30 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 335.30 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 551.10 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 512.04 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 415.69 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 244.60 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.11 Bn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 97.19 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 59.15 Mn |
Historic Data
Download Data
Historic 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 |