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>>  

The social networking major Twitter has been vigorously endeavouring to broaden beyond its core business and expand its reach across the globe. And, nothing can back you better than the search giant G...

With an aim to promote entrepreneurship across NCR, the Entrepreneurship Development Cell of IIT-Delhi is planning to conduct a placement programme for students of all disciplines. This is a first of...

The country’s affordable smartphone maker, Micromax has reportedly leapfrogged the global smartphone leader Samsung to become the leading supplier of smartphones in India in Q4 2014, according t...

The Delhi based Mahindra Group, which is widely recognized for Mahindra Tech across the IT and tech industry, is the latest one to step into the eRetail industry with a very strategic move. 

The country’s second largest IT services company, Infosys is surely undergoing a major re-designing of the whole company in the direction of Chief Vishal Sikka, whether it’s about their ne...

The burgeoning smartphone industry of the country is appealing all the players and hence, everyone is making strategic changes and developments to broaden its market share. 
 
Moto...

The Indian marketplace is directly attracting all the global giants to invest here and tab the rising potential of the country. And the latest in the league is the social networking major Twitter.&nbs...

The internet king Google is betting on the potential of emerging Indian start-up region, as the company is all se to mentor 100 young start-ups in the country this year, within its globally successful...

The Mumbai based Indian retail estate firm, housing.com is planning to empower its technology wing with hiring 500 new talents, comprising 100 tech professionals, in the next three months. The company...

The frontrunners of global smartphone market are constantly striving to keep up with the competitive pace, with incorporating newer strategies. Hence, there are some success stories emerging from thei...
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:


 
 



 


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

Dr A S Prasad

Head - Product & Marketing , Emerson Network Po..

Dr A S Prasad, Head - Product & Marketing, Emerson Network Power, India

 

Shaifali Agarwal

Co-Founder , EASYFix

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

Naresh Padhee

Founder & CEO , QCS Communication Techn..

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

 


 
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.