The receivables turnover ratio:

A. is calculated as the average number of days from the time a sale is made on account to the time cash is collected.

B. is calculated as the average number of days from the time a sale is made on account to the time payment is due.

C. measures how many times a year receivables go uncollected.

D. measures how many times, on average, the process of selling and collecting is repeated during the period.