Days to pay
Days to pay is the elapsed time between delivering a load and receiving payment for it, and it determines how much working capital a carrier needs to keep trucks moving.
Last reviewed · by the fleetchart dispatch desk
The clock does not start at delivery in practice — it starts when a complete invoice package reaches the broker. Paperwork sitting in a cab extends it as surely as slow broker terms do.
Tracking days to pay by broker reveals something rates alone do not: a broker paying a good rate at sixty days can be worse for a small carrier than one paying slightly less at fifteen.
It is the figure that determines whether factoring is a necessity or a habit.