FieldNews
Subscribe
Cash Flow Glossary Term

Core Inflation

A measure of price increases that excludes volatile food and energy costs. For subcontractors, it reflects sustained rises in labour, materials, and equipment costs. Use it to justify rate adjustments in long-term service agreements.

Related Terms

Lien Rights

Cash Flow

Legal protections allowing subcontractors to place a claim against a property or project if payment is withheld. Filing a lien can prevent an owner from selling or refinancing until your invoice is settled. Deadlines to file are strict and vary by province, so act quickly when payment stalls.

DSO (Days Sales Outstanding)

Cash Flow

The average number of days it takes to collect payment after a sale. For field service companies, DSO measures how long between completing work and receiving payment. Industry benchmarks range from 30-60 days.

Convertible Notes

Cash Flow

Short-term loans that convert into equity if not repaid by a set date. Subcontractors may encounter these when seeking growth capital to fund equipment or crew expansion. They carry risk: lenders can become part-owners of your company.

Full Truckload Pricing

Cash Flow

A freight rate applied when a shipment fills an entire truck, typically offering lower per-unit costs than partial loads. Subcontractors hauling equipment or materials to remote sites often negotiate FTL rates to reduce logistics costs. Consolidating loads before mobilisation helps field teams maximise savings under this pricing model.

Work on Hand (WOH)

Cash Flow

The total value of contracted work that has not yet been completed. Used by bonding companies to assess contractor capacity and risk.

Shut-In

Cash Flow

A temporary halt to production or operations at a well or facility, which often results in subcontractors being stood down with little notice, directly impacting billable hours and crew scheduling. Understanding shut-in clauses in your service agreement is critical, as they typically limit or eliminate your ability to claim standby pay or mobilisation costs during the downtime.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project by Aimsio