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 Indian IT software and networking giant Wipro opens showroom data centers in the US, India. It has launched two Centers of Excellence for open data center technologies, located in Mountain View, U...

The country’s third largest software exporter Wipro is planning to unveil newer software platforms and products in the period of one year, aiming at enhancing its capabilities of artificial inte...

Focusing on the newer technologies and transforming digital world, where the globe requires enhanced skills, Wipro has reinforced its internal training framework. 
Wipro has...

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

Apple Inc has announced its iPad Pro will be available for ordering online on Wednesday and will arrive at stores later this week.
The 12.9 inch tablet, which starts at $799 but costs more than $...

Software major Infosys has been named as one of the most relevant service providers for digital strategy in a report by global management consulting firm Everest group for its brand recall in the US.<...

Emerson Network Power, a business of Emerson (NYSE: EMR) and the world’s leading provider of critical infrastructure for information and communications technology systems, today released five da...

Google has acquired Fly Labs, a maker of iOS apps for video editing. New York-based Fly Labs has developed four iOS apps for quickly editing videos.
"We're excited to announce that Fl...

Infosys on Wednesday said it has developed solutions for Internet of Things (IoT) to benefit from huge data generated by connected devices in the industrial enterprise.
"We have colla...

Has Samsung taken a lead over Apple in the Indian premium phone market? The Korean mobile phone major has said that it has attained a 50% share in the Indian premium phone market, at a time when Apple...

US-based technology major Microsoft has announced a string of partnerships, programmes and products claimed to help Indian organisations and governments to explore unchartered business areas and enric...

Gartner’s 2015 evaluation based on ability to execute and completeness of vision.
For the second straight year, Gartner, Inc., has positioned Emerson Network Power, a business o...

Communications and IT minister Ravi Shankar Prasad will meet Microsoft chief Satya Nadella today to discuss the company's plan to provide broadband connectivity in villages, sources said.

The renowned ecommerce giant, Flipkart has appointed Surojit Chatterjee, former Google product management director, as senior vice president and head of consumer experience and growth. In his role, Su...

Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or, 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.,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:



Rohit Aggarwal, Founder & CEO, Koenig Solutions, talks abo..

Rohit Aggarwal

Founder & CEO , Koenig Solutions

Rohit Aggarwal, Founder & CEO, Koenig Solutions, talks about future technologies


Dr A S Prasad

Head - Product & Marketing , Emerson Network Power, ..

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

Shaifali Agarwal

Co-Founder , EASYFix

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


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.