The cash conversion cycle (CCC) is calculated as:

$CCC = \text{Days of inventory on hand} + \text{Days of sales outstanding} - \text{Number of days of payables}$

• Option A (Correct): A decrease in payables turnover increases the number of days of payables, which reduces the CCC.
• Option B (Incorrect): A decrease in inventory turnover increases the days of inventory on hand, thereby increasing the CCC.
• Option C (Incorrect): An increase in the days of sales outstanding would increase the CCC, not decrease it.