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Does Quality standards control Receivable / Payables payments delay ?

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Question added by Ranganathan Subramani , Manager - Paint Division , Al Mukhtar Contracting & Trading Company WLL
Date Posted: 2014/10/11

Quality standards have a direct effect on price, and the price has an effect on the payment terms, as long as the price is going higher there is an opportunity of making facilities in payment terms to compete with our better prices commodities. 

So, we can say that the quality standards affect the receivable/payable payments but indirectly.