Which company had the highest number of days of receivables for the year 20X1?

A. Company A.

B. Company B.

C. Company C.

Mary Gonzales is evaluating companies in the office supply industry and has compiled the following information:

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Company Credit Sales ($) 20X1 Average Receivables Balance ($) Credit Sales ($) A 5.0 million 1.0 million 6.0 million 20X2 Average Receivables Balance ($) 1.2 million B 3.0 million 1.2 million 4.0 million 1.5 million C 2.5 million 0.8 million 3.0 million 1.0 million D 0.5 million 0.1 million 0.6 million 0.2 million Industry 25.0 million 5.0 million 28.0 million 5.4 million