If XYZ$\text{'}$s receivables turnover is $4$x$,$ what does that mean?

Multiple Choice

XYZ$\text{'}$s total sales are rotated four times a year.

XYZ has an excellent receivables turnover rate.

XYZ is able to collect its receivables every $90$ days, or $4$ times a year.

XYZ generates four times as much sales through receivables than sales through cash.