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

Argenx Se's (ARGX) quarterly Work In Process came in at $37.2 million in Q2 2024, down 36.81% YoY 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 5 years of Work In Process data on file, last reported at $37.2 million 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 retreated to $37.2 million in Q2 2024, from $47.1 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $65.0 million in Q4 2022 to a low of $6.4 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 jumped 489.12% — and 2024, when it plunged 36.81%.
  • Tracing ARGX's Work In Process over 5 years: stood at $6.4 million in 2020, then jumped by 489.12% to $37.7 million in 2021, then jumped by 72.43% to $65.0 million in 2022, then fell by 27.6% to $47.1 million in 2023, then decreased by 21.06% to $37.2 million in 2024.
  • The last three Work In Process figures came in at $37.2 million (Q2 2024), $47.1 million (Q4 2023), and $58.8 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Roivant Sciences 26.16 Bn 26.85 Bn 1.16 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 6.40 Mn