Pangaea Logistics Solutions (PANL) Receivables - Net (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Receivables - Net of $61.3 million for Q1 2026, up 9.71% sequentially from $55.9 million in Q4 2025, and up 27.89% YoY from $47.9 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Receivables - Net (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Receivables - Net for 14 years, with the latest figure at $61.3 million in Q1 2026.
- Quarterly Receivables - Net 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 $55.9 million, up 31.82% from the prior year.
- Receivables - Net rose to $61.3 million in Q1 2026 per PANL's latest filing, from $55.9 million in the prior quarter.
- Over five years, Receivables - Net peaked at $61.3 million in Q1 2026 and troughed at $33.4 million in Q1 2023.
- A 5-year average of $45.2 million and a median of $42.8 million in 2023 frame the typical range for Receivables - Net.
- The widest YoY moves for Receivables - Net: up 41.4% in 2022, down 32.26% in 2022.
- Over 5 years, Receivables - Net stood at $36.8 million in 2022, then jumped by 30.3% to $47.9 million in 2023, then declined by 11.53% to $42.4 million in 2024, then jumped by 31.82% to $55.9 million in 2025, then climbed by 9.71% to $61.3 million in 2026.
- According to Business Quant data, Receivables - Net over the past three periods registered $61.3 million, $55.9 million, and $45.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Pangaea Logistics Solutions | 490.71 Mn | 385.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.15 Mn |
| Jun 30, 2026 | 59.15 Mn |
| Mar 31, 2026 | 61.28 Mn |
| Mar 31, 2026 | 61.28 Mn |
| Dec 31, 2025 | 55.85 Mn |
| Dec 31, 2025 | 55.85 Mn |
| Sep 30, 2025 | 45.57 Mn |
| Sep 30, 2025 | 45.57 Mn |
| Jun 30, 2025 | 49.33 Mn |
| Jun 30, 2025 | 49.33 Mn |
| Mar 31, 2025 | 47.92 Mn |
| Mar 31, 2025 | 47.92 Mn |
| Dec 31, 2024 | 42.37 Mn |
| Dec 31, 2024 | 42.37 Mn |
| Sep 30, 2024 | 44.16 Mn |
| Sep 30, 2024 | 44.16 Mn |
| Jun 30, 2024 | 41.33 Mn |
| Jun 30, 2024 | 41.33 Mn |
| Mar 31, 2024 | 42.00 Mn |
| Mar 31, 2024 | 42.00 Mn |