$25$ points

Eddings Inc. is concerned about the length of its cash conversion cycle. Three conditions are listed below which could impact the gyce. Which of the following steps is most likely to decrease its cash conversion cycle $($assume that none of the following actions has any impact on sales or COGS$)?$

Change its receivables$/$collection policy from net $45$ to net $30.$

Increase its inventory turnover from $5$ times per year to $6$ times per year.

Change its payables policy to pay bills in $45$ days instead of in $30$ days.

All three of these options

Only two out of the three of these options