Argenx Se (ARGX) Work In Process (2020 - 2024)

Argenx Se (ARGX) posted quarterly Work In Process of $37.2 million for Q2 2024, down 36.81% year-on-year from $58.8 million in Q3 2023, and down 21.06% on a QoQ basis from $47.1 million in Q4 2023.

Argenx Se (ARGX) Work In Process (2020 - 2024) Analysis & Trends

Argenx Se (ARGX) has reported Work In Process for 5 consecutive years, with $37.2 million the latest figure, recorded in Q2 2024.

  • Quarterly Work In Process fell 36.81% year-over-year to $37.2 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $37.2 million (down 36.81% YoY) and the FY2023 annual result came in at $47.1 million, down 27.6% from the prior year.
  • Work In Process declined to $37.2 million in Q2 2024 per ARGX's latest filing, from $47.1 million in the prior quarter.
  • Over the last five years, Work In Process for ARGX reached as high as $65.0 million in Q4 2022 and fell as low as $6.1 million in Q4 2020.
  • A 5-year average of $41.2 million and a median of $42.4 million in 2021 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2021 — Work In Process surged 517.25% — and 2024, when it tumbled 36.81%.
  • Year by year, Work In Process stood at $6.1 million in 2020, then jumped by 517.25% to $37.7 million in 2021, then jumped by 72.43% to $65.0 million in 2022, then slipped by 27.6% to $47.1 million in 2023, then declined by 21.06% to $37.2 million in 2024.
  • According to Business Quant data, Work In Process over the past three periods registered $37.2 million, $47.1 million, and $58.8 million for Q2 2024, Q4 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn
4 NuCana 279.75 Bn 279.75 Bn -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn
7 Belite Bio 62.51 Bn 62.51 Bn -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn -
10 Alnylam Pharmaceuticals 35.71 Bn 32.70 Bn 959.66 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 37.16 Mn
Dec 31, 2023 47.07 Mn
Jun 30, 2023 58.81 Mn
Dec 31, 2022 65.02 Mn
Jun 30, 2022 59.84 Mn
Dec 31, 2021 37.71 Mn
Jun 30, 2021 17.99 Mn
Dec 31, 2020 6.11 Mn