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 leading IT company, TCS has appointed Dinanath Kholkar to succeed Abid Ali Neemuchwala and head the global BPO business division of the company. 
 

The country’s third largest tech firm Wipro has appointed IBM and TCS veteran Natarajan Srinivasan to head the global wing of SAP. This is at the time when CEO TK Kurien is planning determinedly...

The third largest Indian IT company, Wipro is making strategic changes in its leadership ladder and the moves are as expected. 
 
According to latest reports, the eldest son of&nbs...

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

The Indian IT and tech industry is undergoing a huge transformation at present and one of the major drivers of this change is ‘Internet of Things’, which is deriving newer dimensions of te...

India’s largest online payment company Paytm seems to be making hard efforts to retain its leading position in the market and this is evident in its latest strategy of setting up wide spread ret...

The country’s largest software exporter TCS is not only leading across the Indian regions, but also in the globe. And here again, the IT giant has validated its position. 
 
...

The burgeoning Indian market undoubtedly has enormous potential for growth and expansion of various industries driven by start-ups and angel investors. Thus, there is nothing surprising to see global...

There has always been an unanswered question that why don’t enterprises go beyond metros for hunting best talents. The answer was perhaps the lack of bridge to connect employers and potential em...

The Indian government is close to revealing the next budget which is under the planning process at present. And this time, it can unveil incentive packages to motivate manufacturing of electronic hard...

The thriving Indian smartphone industry is inspiring all the players to continue striving and empower their path ahead. And Nokia India is none new to this. 
 
The Microsoft owned&...

The Indian government is vigorously driving a tech focused development and growth of the country, as it is clearly signified with the initiatives like Digital India and MyGov. Here, technology has bee...

According to consultancy firm PwC, cyber law compliance and “inefficient anti-corruption framework” issues can cause serious challenges to the rapidly growing eCommerce sector in India.

The eCommerce industry is empowered majorly by investors and the amount of fund raised determines the strength of an eRetail company. 
 
Flipkart is the leading eCommerce comp...
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:


 
 



 


 
Dr A S Prasad, Head - Product & Marketing, Emerson Network..

Dr A S Prasad

Head - Product & Marketing , Emerson Network Po..

Dr A S Prasad, Head - Product & Marketing, Emerson Network Power, India

 

Shaifali Agarwal

Co-Founder , EASYFix

Shaifali Agarwal, Co-Founder, EASYFix, talks about a ..

Naresh Padhee

Founder & CEO , QCS Communication Techn..

Naresh Padhee, Founder & CEO, QCS Communication Techn..

 


 
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.