PANL (Pangaea Logistics Solutions) Days Payable: 10.74 (As of Mar. 2026) — 17% Below Median


PANL Pangaea Logistics Solutions Ltd PANL
69 GF Score
Price $6.49
GF Value $5.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Pangaea Logistics Solutions Days Payable?

Pangaea Logistics Solutions PANL -4.13% 69 Days Payable is 10.74 as of Mar. 2026, which is 17% below its 10-year median of 12.95. GuruFocus rates PANL with a GF Score™ of 69/100 and a GF Value™ of $5.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 964 Transportation companies, Pangaea Logistics Solutions ranks worse than 93.05% on this metric.

Pangaea Logistics Solutions's average Accounts Payable for the three months ended in Mar. 2026 was $17.6 Mil. Pangaea Logistics Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was $149.7 Mil. Hence, Pangaea Logistics Solutions's Days Payable for the three months ended in Mar. 2026 was 10.74.

The historical rank and industry rank for Pangaea Logistics Solutions's Days Payable or its related term are showing as below:

PANL' s Days Payable Range Over the Past 10 Years
Min: 5.44   Med: 12.95   Max: 25.35
Current: 10.54

During the past 13 years, Pangaea Logistics Solutions's highest Days Payable was 25.35. The lowest was 5.44. And the median was 12.95.

PANL's Days Payable is ranked worse than
93.05% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs PANL: 10.54

Pangaea Logistics Solutions's Days Payable declined from Mar. 2025 (11.84) to Mar. 2026 (10.74). It may suggest that Pangaea Logistics Solutions accelerated paying its suppliers.


Pangaea Logistics Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Pangaea Logistics Solutions's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pangaea Logistics Solutions Days Payable Chart

Pangaea Logistics Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.56 5.44 6.90 8.31 9.45

Pangaea Logistics Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.84 10.17 11.87 9.33 10.74

PANL vs CMDB, ESEA, SHIP: Days Payable Comparison

For the Marine Shipping subindustry, Pangaea Logistics Solutions's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pangaea Logistics Solutions Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Pangaea Logistics Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Pangaea Logistics Solutions's Days Payable falls into.


PANL
69GF Score
Pangaea Logistics Solutions Ltd PANL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pangaea Logistics Solutions Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Pangaea Logistics Solutions's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (14.817 + 14.328) / 2 ) / 563.026*365
=14.5725 / 563.026*365
=9.45

Pangaea Logistics Solutions's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14.328 + 20.918) / 2 ) / 149.729*365 / 4
=17.623 / 149.729*365 / 4
=10.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 10.74 mean?
Pangaea Logistics Solutions (PANL) has a Days Payable of 10.74 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pangaea Logistics Solutions and its competitors. This is 17% below median its historical median of 12.95. Over the past decade, Pangaea Logistics Solutions' Days Payable has ranged from 5.44 to 25.35. According to the industry distribution chart, Pangaea Logistics Solutions ranks #897 out of 964 companies in the Transportation industry, placing it in the top 93%.
Is Pangaea Logistics Solutions' Days Payable too high?
Pangaea Logistics Solutions' current Days Payable of 10.74 is 17% below median its 10-year median of 12.95. Over the past 10 years, this metric has ranged from a low of 5.44 to a high of 25.35. The Transportation industry median Days Payable is 38.99. Pangaea Logistics Solutions' value of 10.74 is 72.5% below this industry median. Based on the distribution chart, Pangaea Logistics Solutions ranks #897 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Pangaea Logistics Solutions has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pangaea Logistics Solutions' Days Payable compare to CMDB and ESEA?
According to the Transportation industry distribution chart, Pangaea Logistics Solutions ranks #897 out of 964 companies for Days Payable. This places Pangaea Logistics Solutions in the lower half of its industry. The industry median Days Payable is 38.99. Pangaea Logistics Solutions' value of 10.74 is 72.5% below this benchmark. Historically, Pangaea Logistics Solutions' own Days Payable has ranged from 5.44 to 25.35 over the past decade. While the company's 10-year median is 12.95 vs. the industry median of 38.99, Pangaea Logistics Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pangaea Logistics Solutions's current Days Payable of 10.74 is 72.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pangaea Logistics Solutions and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pangaea Logistics Solutions's current Days Payable is 10.74, which is 17% below median its own 10-year median of 12.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangaea Logistics Solutions stock overvalued right now?
Based on GuruFocus' analysis, Pangaea Logistics Solutions (PANL) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.85, compared to a current price of $6.49 — trading 10.9% above its estimated fair value. The current Days Payable is 10.74, which is 17% below median its 10-year median of 12.95 and 72.5% below the Transportation industry median of 38.99. Pangaea Logistics Solutions' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Pangaea Logistics Solutions (PANL), the current Days Payable is 10.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pangaea Logistics Solutions (PANL) Overvalued in 2026?

Based on GuruFocus' analysis, Pangaea Logistics Solutions stock appears to be overvalued. The current stock price of $6.49 is trading 10.9% above its estimated GF Value™ of $5.85. GuruFocus considers Pangaea Logistics Solutions to be Modestly Overvalued.

Key valuation signals for PANL:

  • Days Payable: 10.74 (17% below median its 10-year median of 12.95)
  • GF Value™: $5.85 vs. price of $6.49 (10.9% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 72.5% below the Transportation median (#897 of 964)

No single metric tells the full story. See the PANL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pangaea Logistics Solutions Business Description

Address C/o Phoenix Bulk Carriers (US) LLC, 109 Long Wharf, Newport, RI, USA, 02840
Pangaea Logistics Solutions Ltd and its subsidiaries collectively, Pangaea or the Company, provide seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company's operating segments include the shipping segment: The Company's operating segments include the shipping segment and six terminal and stevedoring operating segments. The company operates in the USA, Germany, Canada, Singapore, the United Kingdom, and other countries, with maximum from the USA and others.
69GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.49
Price
$5.85
GF Value