Based upon the following information, which company has the best collection policy? $\begin{array}{ll}\text{ Company A }& 30.4\text{ days }\\ \text{ Company B }& 29.8\text{ days }\\ \text{ Company C }& 12.2\text{ times }\end{array}$

A) Company A
B) Company B
C) Company C
D) Not enough information is available to determine an answer.

Company B has the best collection policy as it has the shortest average collection period of 29.8 days, indicating it collects receivables more quickly than Company A. Company C's data is in times, not days, making it incomparable without further context.