Accounts Receivable Turnover and Average Collection Period

The Outback Corporation disclosed the following financial information (in millions) in its recent annual report:

	2018	2019
Net Sales	$72,500	$83,750
Beginning Accounts Receivable (net)	3,896	4,100
Ending Accounts Receivable (net)	4,100	3,596

1. Calculate the accounts receivable turnover ratio for both years. (Round to two decimal points.)
2. Calculate the average collection period for both years. (Use 365 days for calculation. Round to the nearest whole number.)
3. Is the companys accounts receivable management improving or deteriorating?