Cogent Biosciences (COGT) Receivables - Doubtful (2017 - 2023)

Cogent Biosciences (COGT) posted quarterly Receivables - Doubtful of $157.1 million for Q4 2023, up 75.41% year-over-year from $89.5 million in Q4 2022, and up 75.41% quarter-over-quarter from $89.5 million in Q4 2022.

Cogent Biosciences (COGT) Receivables - Doubtful (2017 - 2023) Analysis & Trends

Cogent Biosciences (COGT) has reported Receivables - Doubtful for 7 consecutive years, with $157.1 million the latest figure, recorded in Q4 2023.

  • In Q4 2023, Receivables - Doubtful rose 75.41% year-over-year to $157.1 million; the TTM figure through Dec 2023 stood at $157.1 million (up 75.41% YoY), while the FY2023 annual figure was $157.1 million, up 75.41% from the prior year.
  • Receivables - Doubtful rose to $157.1 million in Q4 2023 per COGT's latest filing, from $89.5 million in the prior quarter.
  • Across five years, Receivables - Doubtful topped out at $157.1 million in Q4 2023 and bottomed at $27.8 million in Q4 2020.
  • Historically, Receivables - Doubtful has averaged $71.9 million across 5 years, with a median of $46.7 million in 2021.
  • Annual changes were most pronounced in 2020 — Receivables - Doubtful slipped 27.77% — and 2022, when it surged 91.8%.
  • Cogent Biosciences' Receivables - Doubtful stood at $38.5 million in 2019, then retreated by 27.77% to $27.8 million in 2020, then soared by 67.94% to $46.7 million in 2021, then surged by 91.8% to $89.5 million in 2022, then surged by 75.41% to $157.1 million in 2023.
  • Business Quant data shows COGT's Receivables - Doubtful at $157.1 million in Q4 2023, $89.5 million in Q4 2022, and $46.7 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables - Doubtful (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 Cogent Biosciences 6.58 Bn 6.58 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 157.07 Mn
Dec 31, 2023 157.07 Mn
Dec 31, 2022 89.54 Mn
Dec 31, 2022 89.54 Mn
Dec 31, 2021 46.69 Mn
Dec 31, 2021 46.69 Mn
Dec 31, 2020 27.80 Mn
Dec 31, 2020 27.80 Mn
Dec 31, 2019 38.49 Mn
Dec 31, 2019 38.49 Mn
Dec 31, 2018 28.90 Mn
Dec 31, 2018 28.90 Mn
Dec 31, 2017 16.61 Mn
Dec 31, 2017 16.61 Mn