hat problem is caused for you If you have a credit policy of requiring cash payment in $30$ days and your competitor has a credit policy of requiring cash payment in $75$ days?

According to the FASB's accounting rules, the amount of revenue you are allowed to recognize is lower if you require more rapid payment.

According to the FASB's accounting rules, no receivables can be reported if the cash payment period is less than $50$ days.

You will have more cash tied up in the form of accounts receivable than do your competitors.

More attractive credit terms can allow your competitor to steal customers from you.