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 India’s IT leader and global tech giant TCS is planning to take some determined steps and pursue actual revamp in the company to revitalize its organization as well as the business. 

The one of the leading smartphone vendors in India, Motorola Mobility is one of the significant players in the Indian smartphone market. Thus, now the company is all set to take the next strategic ste...

Smartphones are making stories regularly around the world. But, in India, the smartphone stories are entirely different and incomparable. 
 
According to a recent report, almost 57...

The internet king Google has revealed a new report of online marketplaces that covers the ongoing Great Online Shopping Festival. 
 
Google has concluded that the festival has exce...

Google has been making benchmarks constantly and hence, leading in the digital world. And, the search engine giant not only makes stories with its burgeoning business, but also for a lot of other thin...

There is a story of a person, probably well-skilled and proficient, who expressed his rage about his past employer on Facebook. That surely got him many likes and shares, but it reduced his chances of...

As the year 2014, a period that initiated the transformations, is coming to an end, we are concluding various benchmarks and trends of the year. 
 
Here, we have come up with the r...

The third largest smartphone maker Xiaomi has been constantly expanding in the Indian market, but now there seems to be a temporary barricade in its burgeoning journey. 
 
The late...

The constantly emerging Indian eCommerce industry is regularly making newer moves and hence, concluding new trends and scenario almost every month. 
 
Here, we have come up with a...

The vigorously moving ahead ‘Digital India’ and ‘Make in India’ programs led by Modi Government have been inspiring businesses across Indian industries, combining not only Indi...
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.