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 third largest IT company of the country, Wipro is planning to expand its investment to further broaden its business and possibilities for opportunities in the upcoming era of digital technologies....

The two of Indian IT giants, Wipro and Infosys are constantly working to regain their lost glory for some time and are stepping up again to their age-old rivalry. This time, the companies are competin...

At Wipro, it is perceived and said that even the company veterans don’t expect to meet the chairman Azim Premji usually. Hence, it was obviously a surprise for Anand padmanabhan, head...

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

The collaborations and associations are obviously one of the strategic ways of being competitive with producing something incomparable together to compete with all the individual players. As it has al...

At this time, when the eCommerce industry is thriving, all the players are making their strategic moves to stay competitive and ensure a good market share. 
 
Now, one of the large...

At this time, when the social networking leader Facebook is endeavouring to expand its wings beyond this particular business, it doesn’t mean that the company is ignoring its core business. Inde...

‘ECommerce’, this term doesn’t need any definition and explanation, especially in India, as almost everyone is watching it expanding and growing every day, and showing an abundance o...

The India’s second largest software services company Infosys is endeavouring hard to revamp its business and also, prepare and polish its strength for the future opportunities, in...

As the tech giants are turning and re-placing their focus on emerging technologies now, all the players are discovering new strategic ways to remain competitive in this soon to become a highly competi...

Burdened with the huge responsibility of reviving one of the Indian IT giant Infosys, the first non-founder CEO Vishal Sikka has a view for the whole Indian IT industry, and not just for the company h...

As the Indian government is the obvious driver for the overall technological growth of the country, it is taking it further ahead and adding an accelerator to it. 
 
The government...

The internet is expanding almost unaccountably and the expectations of its expansion are rising rapidly. There is no doubt that the internet is at the pace of vigorous growth at present. 
&n...

The country’s leading software service companies are now betting on the next-gen frontiers combing digital and social, analytics, mobility and cloud (SMAC) region to help them produce more busin...
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:


 
 



 


 
Gautam Rege, Co-founder & Managing Director, Josh Software..

Gautam Rege

Co-founder & Managing Director , Josh Software

Gautam Rege, Co-founder & Managing Director, Josh Software, talks about open s..

 

Sundeep Misra

Co-Founder & Vice Chairman , VMC Technologies

Sundeep Misra, Co-Founder & Vice Chairman, VMC Techno..

Altaf Halde

Managing Director - South Asia , Kaspersky Lab

Altaf Halde, Managing Director, Kaspersky Lab -South ..

 


 
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.