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

At this time, some of the leading Indian IT & Tech companies are striving hard for staying strong at their roots with their teams and to retain their employees. One of the major examples is Infosy...

The whole IT & tech industry requires to be revitalized and re-formed to keep up with the changing pace of the businesses and emerging technologies. Thus, various Indian tech players are endeavour...

Wipro is India's third largest and homegrown software giant that has established itself in the world over the years. The company has its own unparalleled story of growth and expansion, and now it...

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

Yesterday, after the whole ‘thirty three’ years of regime in Infosys, the company co-founders bade farewell to the India’s second largest $8 billion IT company. 
...

The Modi-led Government’s ‘Digital India’ program is continuing to influence and inspire the world. It’s almost the beginning of the project and many global tech giants have al...

As all the industry giants are making movements to expand their business verticals and broaden their wings to capture the opportunities of transforming technologies and digital revolution, Amazon...

Amid the growing focus on mobility, smartphones and internet, there is one more region, which is emerging strongly to develop a competitive identity across the world. 
 
The right...

Undoubtedly, the daily developments and their reports conclude that the Indian government is constantly taking strong steps towards building Digital India and smart cities, which are not limited to on...

The social networking giant Facebook is revamping its business for expanding its coverage and boosting its revenues, even beyond the social networking site. 
 
In th...

The Flipkart’s BigBillionDAy did not do the expected good for the leading Indian eCommerce company, but it has surely influenced some upcoming barricades for the whole Indian eCommerce...

This is for all those who perceive Apple that not very much appealing to work, and especially, not when compared with Google, the company seems to have answered well. 
 <...

The widely recognized search engine giant Yahoo Inc has some different plans for the country, which seems to be completely unparalleled at this time. 
 
According to...

Seeing the constantly growing competitions as well as competitors in the mobile and internet space in India, not only players of these two sectors, but also, all the related sectors are striving to ca...
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:


 
 



 


 
Arshad Majeed, Executive Vice President - Global Delivery,..

Arshad Majeed

Executive Vice President - Global Deli.. , Xavient Informatio..

Arshad Majeed, Executive Vice President - Global Delivery, Xavient Information..

 

Shrutidhar Paliwal

VP - Corporate Communications , Aptech Limited

Shrutidhar Paliwal, VP-Corporate Communications, Apte..

Peter Chang

Regional Head of South Asia & Managing.. , ASUS India

Peter Chang, Regional Head of South Asia & Managing D..

 


 
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.