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>>  

Boosting the government's ambitious 'Digital India' drive, social media giant Facebook has come forward to facilitate state-run BSNL in setting up 100 Wi-Fi sites in rural areas of western and souther...

Move aimed at driving consumer adoption and service outreach in the Garden City.
Merchant discovery and privileges platform Crown-it has made an announcement that will delight its use...

Amazon looks to be turning the heat on Flipkart. The US online retail giant has caught up with its Indian rival on the web. While Flipkart still leads by a distance in the mobile app space, which acco...

IDC MarketScape Names Emerson Network Power a Leader Again in Analysis of Data Center Infrastructure Management Vendors

Emerson Network Power, a business of Emerson (NYSE: EMR) and the worl...

Poor data quality as a result of incorrect, missing, or duplicate data costs businesses on average $14.2 million annually. One way to ensure the accuracy of data is to leverage optical character recog...

Indian e-commerce sector's growth looks strong and is expected to reach $35 billion by 2019, says a report.
"The growth of India e-commerce remains strong, tracking our expectations o...

At a time when most startups in India are switching to a mobile-first model, a clutch of firms in Silicon Valley and India have moved on to the next stage — an offline-first app strategy.

Twitter chief executive and co-founder Jack Dorsey said he is giving a third of his stock in the company, about 1%, to the employee equity pool.
The move, worth $197 million as of Jul...

Google's third-quarter report is getting an "A" from investors as the internet search leader enters a new era under Alphabet, its new parent company.
A third-quarter report released o...

After months of speculation, Google has announced YouTube Red, a paid service based on the company’s free video-sharing platform, and music streaming app YouTube Music. Here are 6 things you sho...

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.