Given the following information, which statement is correct $($from the cash management perspective$)?$

$\backslash$table$[[,2021($in days$),2022($in days$)],[$days sales outstanding $($DSO$),30,40],[$inventory conversion period $($ICP$),45,55],[$days payment outstanding $($DPO$),75,60]]$

The cash conversion cycle is becoming shorter.

DSO is improving.

The operating cycle is becoming longer.

DPO is improving.

All statements are correct.

ICP is improving.