A company has an average days in inventory of 60 days, while the industry benchmark is 75 days. What does this indicate about the company's inventory management?

• A. The company is equally efficient as the industry in managing its inventory.
• B. The company is less efficient in managing its inventory compared to the industry.
• C. The company is more efficient in managing its inventory compared to the industry.
• D. The company has no inventory management issues.

Answer: (C)