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 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...

The country’s third largest tech firm Wipro is following rivals to empower its structure and drive its growth. The company is planning to release a program with an aim to disproportionately ince...

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

The country’s second largest software company Infosys is constantly endeavouring to empower and revamp its Finacle wing with incorporating variant strategies. 
 
Infosys ...

The recent announcement by the country’s leading software company TCS to shower Rs 2,628 crore bonus on its lakhs of employees has once again placed the IT giant out of the crowd. 
&nb...

The country’s one of the largest telecom companies, Reliance Jio Infocomm has appointed Anand Narang from Huawei India. He will be heading the marketing division at the Mukesh Amb...

The ‘make in India’ plan continues to get empowered, as here comes a new entry to the programme. It’s Asustek Computer, which is a Taiwanese firm that sells mobile phones within Asus...

The start-ups in the country have never had such a good phase, when the flow of venture capital investments has actually become a flood, a flood of prosperity. 
 
Just the past wee...

‘Net Neutrality’ is what we all are talking about nowadays, and hence, where the most of movements and developments are happening in India. 
 
With the continuation of...

The country’s second largest IT service company Infosys has introduced a ‘5 Point’ framework for inspiring innovative solutions to the projects. 
 
The team of&nb...

The recruitment in IT & Tech in India is reportedly at upswing at present and backed majorly by new age and innovative firms. In the same row, VMware has announced that it will recruit over 500 en...

Now, if you have lost your Android empowered phone, it doesn’t require you to worry about. Because, you can actually Google it now!
 
When you have misplaced your Android smartpho...

The tech giant IBM has announced an association with the global tech major Apple, along with some others, for integrating artificial intelligence to work for drawing potential life saving insights fro...
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.