"A manufacturing company is working to improve its cash conversion cycle. Factory production has increased over the last year to increase inventory levels. They have an inventory turnover of $3\mathrm{.}1$ and asset turnover of $5\mathrm{.}0.$ The company has a days payable of $30$ and a days receivable of $60.$ It has started enforcing its net $30$ terms and placed customers with balances outstanding more than $45$ days on credit hold. As a result, the company collected receivables quicker but it suffered a $10\%$ loss in sales. What can the company do to reduce its cash conversion cycle? $"$

A$.$ Pay vendors in advance

B$.$ Decrease the days payable

C$.$ Extend payables deferral period

D$.$ Revise credit policy to be more len