Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, are as follows:

($ in millions)	Net Sales	Beginning Accounts Receivable	Ending Accounts Receivable
Sun Health	$2,730	$255	$242
Select Medical	3,040	454	393

Required:

1-a. Calculate the receivables turnover ratio and average collection period for Sun Health and Select Medical. 1-b. Which company maintains a higher receivables turnover

Receivables Turnover Ratio
	Choose Numerator:		Choose Denominator:
		/		=	Receivables Turnover Ratio
Sun Health		/		=		times
Select Medical		/		=		times
Average Collection Period
	Choose Numerator:		Choose Denominator:
		/		=	Average Collection Period
Sun Health		/		=		days
Select Medical		/		=		days