f you you are interested in booth the efficiency and liquidity and collected the following data from XY company . Based on this data, what you can conclude?

items	2018	2019	2020
Days of inventory on hand	32	34	40
Days of sales outstanding	28	25	23
Number of days of payable	40	35	35

Management of payables has contributed to improved liquidity.

non is correct

Inventory management has contributed to improved liquidity.

C. Management of receivables has contributed to improved liquidity