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

Two of leading Indian companies, Infosys and Wipro are vigorously on hunt for tech visionaries and leaders beyond founder members of the company to further reinvigorate the board of the...

The Indian IT major Wipro has announced that three of company’s ten independent directors are leaving the company. This move is taken with an objective to incorporate new regulati...

In this period of vigorous transformations, Wipro is not working on a plan to transform its factories for computer manufacturing and assembly in Puducherry into a company’s produc...

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

According to recent report, Samsung is endeavouring to acquire a home automation start-up SmartThings, whose devices help people control electronic appliance, lights and locks through t...

The Indian IT industry has that potential to generate high weighed brands like Facebook, Google and Alibaba, as the innovations of Indian industry are leading to new developments, said...

The networking major Cisco and software giant Microsoft has undergone a multi-year collaboration with an aim to modernize data centres. 
 
This huge partnership was...

Now, you can add a second screen to your smartphone that has been developed by a US based firm to help you improve your phone’s battery life. 
 
The second screen named InkCa...

Apple is all set to hit 1 million in India and is continuously endeavouring and incorporating strategies to further upraise is smartphone in the country. 
 
 
 ...

Apple has announced its strategic collaboration with IBM with an aim to produce mutually benefitted business. The partnership was announced by Apple’s chief Tim Cook through an internal mem...

To begin with, the designate Infosys chief Vishal Sikka took the first major move for improvising employee engagement in the company, which is now highly required given the continuous e...

As today the world has mobile-first, cloud-first concept, the software giant Microsoft aims at reinventing the productivity for empowering people and organisations around the world.&nbs...

The FIFA World Cup had spurred the social media with new records for majors Twitter and Facebook, as soccer fans and other users got into active discussion on social media about almost every...

Google’s Nest Labs has come up with an innovation to support and encourage manufacturers of smart home products like light bulbs and locks. The company has come up with a standard ‘Thread&...
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:



 
 



 


 
Ms. Shalini Pandey, Director Sales - Monitor Business, AOC..

Shalini Pandey

Director Sales - Monitor Business , AOC India & SAARC

Ms. Shalini Pandey, Director Sales - Monitor Business, AOC India & SAARC, talk..

 

Sridhar Iyengar

VP - Product Management , ManageEngine

Mr. Sridhar Iyengar, VP - Product Management, ManageE..

Kumar Saha

Managing Director , Senrysa Technologies

Kumar Saha, Managing Director, Senrysa Technologies, ..

 


 
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.