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

Rishad Premji, the eldest son of India’s IT veteran and billionaire chairman of Wipro Azim Premji, can be the next leader of the company in the coming months. 
 

The New Year 2015 seems to have begun with blessings for two of India’s leading tech companies, Wipro and HCL Technologies, which have accelerated the year beginning with multi-million dollar de...

The third largest IT company of the country, Wipro is taking some strong measures to further empower its workforce base and lead the company ahead towards a potential future. 
 
Th...

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

According to some recent reports, the global smartphone leader Samsung is planning to unveil its next-gen Galaxy S flagship phone in March at the Mobile World Congress this year, with some new and int...

The Indian IT industry has been in reports for numerous layoffs since the past one year, but it also has some admirable aspects that still make it stand apart and above various industries and job oppo...

The social networking giant Facebook is constantly endeavouring to re-invent its offerings and services to further broaden its user base, while re-assuring the bond with the existing users of the plat...

The one of the leading social networking and microblogging company, Twitter has been endeavouring and strategizing to broaden its business and hence, increase its revenues. Now, the company has taken...

The ongoing layoffs in the tech industry are continuously increasing the stress and concerns, but it seems that it is yet far away from the end. 
 
The software giants like, TCS an...

The Indian eCommerce market is undoubtedly the swiftly expanding region that not only signifies immense competition, but also the rising opportunities for better businesses and revenues. 
&n...

The one of the most aspired tech and internet company, Google is widely known for its amiable working environment and culture. But, the global giant also has another side of it. 
 

The one of the largest multimedia software product companies, Adobe is having an acknowledgeable development within the company at its India’s wing. 
 
The MD of Adobe&n...

The global internet leader, Google is constantly making moves to become furthermore competitive and re-invent itself for the next era of emerging technologies. Besides, the company is constantly endea...

The Indian government has been sincerely participating in the empowerment and growth of the Indian IT, tech and telecom industry, and has been discovering newer ways to back it. 
 
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:


 
 



 


 
Naresh Padhee, Founder & CEO, QCS Communication Technologi..

Naresh Padhee

Founder & CEO , QCS Communication ..

Naresh Padhee, Founder & CEO, QCS Communication Technologies, talks about netw..

 

PK Karnik

SVP & GM - High Tech Business , Infogain

PK Karnik, SVP & GM - High Tech Business, Infogain, t..

Alok Chawla

Founder , Gizmobaba.com

Alok Chawla, founder of Gizmobaba.com, talks about on..

 


 
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.