Late payments by customers may lead to all of the following EXCEPT:

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Late payments by customers would usually result in a decrease in the seller's working capital since they are not receiving the payment on time. It may also erode shareholder value if investors perceive the late payments as a sign of poor management. It is also likely to increase the length of trade credit from suppliers since the seller would need more time to pay their invoices while waiting for payments from customers. However, it would not generally result in lower interest payments for the seller as interest charges are independent of customer payments.

Late Payments by Customers May Lead to All of the Following