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

As it is demanded by niche technology areas and data analytics is getting fierce, the software enterprises are approaching to colleges and universities to suffice the needs emerging from digital revol...

Wipro is aiming at becoming a one-stop store for US customers by looking beyond classical app development. For this, the company is planning to export is most successful model in India to US.&nbs...

Wipro is recognized as a ‘Leader’ in region of R&D ITO and BPO by the eminent advisory and research firm, International Data Corp. (IDC). 
 
This has been noti...

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

As Apple and Samsung Electronics are combating for patents in a San Jose, Calif, courtroom this week, Google has also stepped in the story silently. 
 
In a lawsuit,...

The Yahoo''s young and full-fledged video-network, which is directed by Marissa Mayer is continuously gaining steam. It''s a move partly empowered by talent poached from YouTube. 
...

The IT giant IBM shared it on Friday that it will invest $100 million for building new labs in the globe, including one in India for enabling its clients work efficiently with experts in mob...

Last week, Google released a feature named ‘Sustained Use Discounts’, with an objective to raise Google’s Cloud Platform to more customers through a reduced cost. ...

The tech giant IBM is proactive in talks with Indian phone carriers for the implementation of data analytics tool to help these service providers generate more revenue from existing cus...

The IT giant Infosys has announced that its top management body, the company’s Executive Council will be dissolved and come in effect from April 1, 2014. 
 
Pl...

Intel Corporation has collaborated with Cloudera within a broad strategic technology and business deal that also incorporates the objective of a significant equity investment from Intel by making...

Microsoft will focus on end users, developers and IT professionals now, shared Satya Nadella, CEO of Microsoft. 
 
In a recent event in San Francisco, Nadella revealed the exi...

Samsung has been proactive with its major launch of its high-end Galaxy S5 smartphone to reinforce its growth in this segment, where analysts see Samsung loosing in fight with Apple, Nokia, LG an...

According to reports, Apple is planning to release its next iPhone globally in September this year. This iPhone will differentiate with the features of higher resolution and wider scree...
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:



 
 



 


 
Rajesh Gupta, Country Manager, SanDisk India, talks about ..

Rajesh Gupta

Country Manager, India , SanDisk

Rajesh Gupta, Country Manager, SanDisk India, talks about the company

 

AMbarish

Founder & CEO , Knowlarity Communication

Mr. AMbarish said, "We're very bullish about the oppo..

Kailash Katkar

Managing Director and Chief Executive .. , Quick Heal Technologies

Mr. Kailash Katkar, Managing Director and Chief Execu..

 


 
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.