Infosys beats TCS, HCL, Wipro in cash flow
Added On:1/27/2012 8:43:00 AM

Infosys, who’s leading position in Indian software industry is being questioned by fast growing rivals like TCS, Wipro and HCL, has reported better cash flow and receivables than its rivals over the past nine months. 

It is reportedly said; during thepast nine-month period from April to December, Infosys' operating cash flow was nearly 80 percent of the overall revenue, compared to less than 50 percent each for TCS, HCL and Wipro.

The Days Sales Outstanding (DSO) is another metric where India's second-biggest software exporter performed better over its domestic rivals. During Q3, Infosys' DSO or debtor days was 62 days compared with Wipro's over 90 and TCS' 84 days. 

It is important to note that the Days Sales Outstanding (DSO) is the ratio of account receivables and total revenue. 

All in all, Infosys is able to collect monies due from customers faster than rivals, which helps it maintain a healthy cash flow in third quarter ending December, 2011. 

Market watchers added, in an industry with aggressive rivals like TCS, HCL, Wipro and Cognizant, Infosys still needs more than its cash discipline to gain market share. 

Let’s hope Infosys will regain its leading position in Indian software industry very soon.  

 

ITVoir NewsDesk


Tags: Infosys, HCL, TCS, cognizant, global slowdown, currency volatility
  

Related News

Wipro is India's third largest and homegrown software giant that has established itself in the world over the years. The company has its own unparalleled story of growth and expansion, and now it...

The leading Indian IT services firms Infosys and Wipro are expecting IoT and cloud computing to lead towards a new revenue stream from their telecom business, even when the telcos are c...

The tech giant Wipro has doubled its efforts for collaborations with tech start-ups. Recently, the company released a Rs 100 crore venture fund that would be looked after by Rishad Prem...

News Archive - News
1  2  3  4  5  6  7  8  9  10  11  12  13  14  15    Older>>  

The German business software maker SAP is taking some strategic steps to expand its cloud computing business and uplift its presence in the internet based software region, at this time...

As the country is undergoing a vigorous digital revolution, which is driven by the Government through the ‘Digital India’ programme, the government is also welcoming the partnership of pub...

Samsung has always been appreciated for its dedication to deliver satisfaction to consumers and this time again; the company has taken a step ahead to be closer to customers. 
 

One of the India’s leading eCommerce platforms Snapdeal is empowering its mobile commerce wing, with an obvious aim to capture the maximum of benefits out of expanding smartphones in India. ...

The Indian tech giant Infosys is going under major transformation since the appointment of new CEO and the company has been taking major steps to revamp its business. 
 <...

According to the recent analysis and report by Nasscom, analytics and healthcare will emerge as two of major growth opportunities for India’s BPM – Business Process Management in...

The Indian-American Microsoft chief Satya Nadella will be reportedly visiting India later this month. The visit will happen on the same day, when Microsoft will be launching the technic...

The widely recognized smartphone chipmaker, MediaTek is planning to leverage its Android One collaboration with Google and use India as springboard for augmenting its presence in the develop...

The second largest Indian smartphone maker, Micromax has collaborated with state-run BSNL – Bharat Sanchar Nigam Limited for driving the growth of data in India. 
 ...

The software giant Microsoft is planning to invest $2.5 billion on the creator of the successful game ‘Minecraft’, with an expectation that it will help Xbox maker to captur...
Top
Tags

Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.ITVoir.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this page, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.
ITVoir.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided.

Computer Vendors In India 
Computer Vendors In India - Delhi [Delhi]
Computer Vendors In India - Chandigarh [Punjab]
Computer Vendors In India - Mumbai [Maharashtra]
Computer Vendors In India - Banglore [Karnataka]
Computer Vendors In India - Agra[Uttar Pradesh]
Computer Vendors In India -Chennai[Tamil Nadu]
Computer Vendors In India - Kolkatta [West Bengal]
Computer Vendors In India - Kochi [Kerela]
Computer Vendors In India - Nagpur [Maharashtra]
Computer Vendors In India - Gurgaon[Haryana]
Follow us on:


 
 



 


 
Shrutidhar Paliwal, VP-Corporate Communications, Aptech Li..

Shrutidhar Paliwal

VP - Corporate Communications , Aptech Limited

Shrutidhar Paliwal, VP-Corporate Communications, Aptech Limited, talks about t..

 

Peter Chang

Regional Head of South Asia & Managing.. , ASUS India

Peter Chang, Regional Head of South Asia & Managing D..

Mehul Doshi

Country Manager - Enterprise Servers, .. , Fujitsu India

Mehul Doshi, Country Manager - Enterprise Servers, St..

 


 
SanDisk Global Product Launch_Hon Wai Cheah Gavin Wu and Manisha Sood unveiling the new product rangeIntel India announced the launch of Intel Future Scientist program in the state of KarnatakaPuneet Chadha, Director GSB, HP-IPG & Siddharth Malhotra, Director Arun&Rajive Pvt. Ltd. - unveiling the HP Wall ArtSeagate Back-up Plus Launch – (L-R) Mr. Futoshi Nizuma, Mr. Benshen Teh, Mr. Nermount Hoh and Mr. Rajesh Khurana unveiling the new product. Toshiba launches AOC TV appoints Ms. Kalki Koechlin as the Brand Ambassador; showcases new range of LCD & LED TVsFujitsu Launches two new Ultrabooks, LIFEBOOK    UH572  and LIFEBOOK    U772 in India. Asus associates with Intel and Microsoft launches mainstream Ultrabooks S Series and Thin and Light notebooks F series. L- R Mr. Unaez Quraishi, Sales, Mr. Alex Huang, MD,  System business Group, Asus India, Mr. Sumeet Gugnani, Director - Multinational Accounts, Microsoft India - Mr. Sandeep Aurora, Director of Marketing, Intel South Asia.