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

The country’s leading IT company, TCS has appointed Dinanath Kholkar to succeed Abid Ali Neemuchwala and head the global BPO business division of the company. 
 

The country’s third largest tech firm Wipro has appointed IBM and TCS veteran Natarajan Srinivasan to head the global wing of SAP. This is at the time when CEO TK Kurien is planning determinedly...

The third largest Indian IT company, Wipro is making strategic changes in its leadership ladder and the moves are as expected. 
 
According to latest reports, the eldest son of&nbs...

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

This is widely known that the Aam Aadmi Party won in Delhi polls by offering freebies like WiFi. And, now it’s the time to deliver. But, our focus of this report is something else that can be th...

Since the current CEO of Infosys Vishal Sikka took over in 2014, there has been many structural developments in the company, appointments of many executives, motivational moves within the organization...

The social networking leader Facebook is undoubtedly on the constantly growing track that opens into various business horizons and results in overall exceptional development. Here, we have come up wit...

The country’s leading eRetail company Flipkart is undergoing massive re-organization at present, as the company is working on reducing its losses and making its IPO ready. 
 

The tech giant IBM has signed an agreement with IT major Tech Mahindra with an aim to develop a platform for making cloud based applications for clients like Bluemix that will boost hybrid services ad...

Online shopping is not new but yes online shopping of used goods is something that has emerged in recent times. After the success of online buying and selling of all kinds of new goods, the concept of...

The industry layoff story is still continuing and seems to take furthermore ahead to end. Here, we have come up with another layoff report about a tech major. 
 
IGate is reportedl...

The country’s second largest IT company, Infosys has just completed its first big size acquisition in the direction of Chief Vishal Sikka, but this is not all it has in its ongoing plan. 

The ‘Internet of Things’ is undoubtedly the future of Indian tech industry as well as the advance lifestyle of the country. Thus, it is growingly becoming important to form a council or pa...

When we talk about ‘Make in India’ drive, mobile manufacturing is one of the major participants, and hence, it seeks most of the support to expand across the country. 
 
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:


 
 



 


 
Rohit Aggarwal, Founder & CEO, Koenig Solutions, talks abo..

Rohit Aggarwal

Founder & CEO , Koenig Solutions

Rohit Aggarwal, Founder & CEO, Koenig Solutions, talks about future technologies

 

Dr A S Prasad

Head - Product & Marketing , Emerson Network Power, ..

Dr A S Prasad, Head - Product & Marketing, Emerson Ne..

Shaifali Agarwal

Co-Founder , EASYFix

Shaifali Agarwal, Co-Founder, EASYFix, talks about a ..

 


 
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.