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>>  

Much to our surprise, finally Windows 10 has been launched and has been made available in 190 countries with absolutely free upgrade. The launch was a huge success and everyone seemed awestruck and am...

Google swaging on to adding a new feature "Your Timeline" for Maps, a much –awaited & thrilling add on to keep track of the travel history. 
The amazing feature gives you an extrav...

Facebook inviting additional mobile operators to get associated and be a part of Internet.org, its much talked about project, implemented to bring internet access to poorly connected parts of the worl...

According to a well-known computer security company Cyphort, in the last 10 days, more than 10 million people may have visited websites that carry detrimental advertisements, possibly infecting their...

In a recent survey by IDC and whitepaper, announced by Commvault, the large reservoir of data within organizations in India is limiting the ability to make insight-based decisions.
Absence of for...

The smartphone penetration in India is constantly increasing and it has reached at 140% in urban areas now, with 975 million mobile phone connections in the country, it is influencing various eCommerc...

A latest study on Google ads has revealed another differentiation existing amongst men and women across the globe and that’s about none other than the career opportunities. 
 

The Indian eCommerce major Flipkart has decided to move into app only environment, just like Myntra. But, as it was expected, the reaction to this particular move has turned out not in its support.&nb...

The social networking giant Twitter is strategizing not only its marketing and revenue generation, but also the way it can connect better with the users across the world and keep them attached to the...

The Russian Conglomerate Sistema JSFC owned MTS brand is planning something new for the new Digital India. The company is planning to release a pilot project for the Rs 7,000 crore initiative of Smart...
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:


 
 



 


 
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.