What as the likely impact of the new payment terms on P&G’s financial statements and its funding needs? On Fibria’s financial statements and funding needs?

G&P Case: SC Finance Case Analysis

SUPPLY CHAIN FINANCE AT PROCTER & GAMBLE
1 – Why did P&G extend its payment terms for suppliers in April 2013?
P&G had found out that they had been paying supplier 45 days, a much quicker than average 75 to 100 days. They want to extent payment term to supplier to at least 30 days to improve the cash-flow.
2 – What as the likely impact of the new payment terms on P&G’s financial statements and its funding needs? On Fibria’s financial statements and funding needs?