Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Pangaea Logistics Solutions Ltd. (PANL) had Inventory Turnover of 11.21 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$536.54M
Net Income	$28.90M
Cost of Goods Sold	$368.24M
Gross Profit	$168.29M
Operating Expenses	$488.09M
Operating Income	$48.45M
Non-Operating Income/Expense	$-16.68M
Pre-Tax Income	$31.77M
Normalized Pre-Tax Income	$31.77M
Income after Taxes	$31.77M
Income from Continuous Operations	$31.77M
Consolidated Net Income/Loss	$31.77M
Normalized Income after Taxes	$31.77M
EBIT	$48.45M
EBITDA	$79.98M
Weighted-Average Shares Outstanding (Basic)	45.39M
Weighted-Average Shares Outstanding (Diluted)	46.05M
Earnings per Share (EPS) (Basic)	$0.64
Earnings per Share (EPS) (Diluted)	$0.63
Balance Sheet Financials
Current Assets	$191.99M
Property, Plant, and Equipment	$707.83M
Long-Term Assets	$744.46M
Total Assets	$936.46M
Current Liabilities	$109.11M
Long-Term Debt	$352.68M
Long-Term Liabilities	$352.68M
Total Liabilities	$461.79M
Common Equity	$474.66M
Tangible Shareholders Equity	$471.56M
Shareholders Equity	$474.66M
Common Shares Outstanding	64.96M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$65.69M
Cash Flow from Investing Activities	$-67.69M
Cash Flow from Financial Activities	$-10.23M
Beginning Cash	$99.04M
End Cash	$86.81M
Increase/Decrease in Cash	$-12.23M
Stock-Based Compensation	$2.79M
Common Stock Dividends Paid	$-21.04M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.76
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.43
Debt to Equity Ratio	0.84
Gross Margin	31.37%
Operating Margin	9.03%
EBIT Margin	9.03%
EBITDA Margin	14.91%
Pre-Tax Profit Margin	5.92%
Profit Margin	5.39%
Free Cash Flow	$-3.74M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.57
Inventory Turnover	11.21
Receiveable Turnover	12.66
Days Sales in Receivables	28.82
Return on Equity	6.69%
Return on Tangible Equity	6.74%
Return on Assets	3.39%
Return on Investments	3.84%
Book Value Per Share	$7.31
Free Cash Flow per Share	$-0.08
Operating Cash Flow per Share	$1.43

Data from Zacks Investment Research, Inc.