Ivanhoe Company's general ledger included the following selected accounts (in thousands) at December 31, 2024: Accounts payable $1,096.2 Account receivable Accumulated depreciation-equipment 846.5 Allowance for doubtful accounts 37.6 Bad debt expense 88.6 Cash 385.5 Cost of goods sold 668.7 Equipment 1,713.2 Interest revenue 19.8 Merchandiseinventory612.1 Notes receivable-due in 202596.0 Notes receivable-due in 2028194.9 Prepaid expenses 18.5 Sales 4,541.8 Sales discounts 29.6 Short-terminvestments 201.5 Supplies 20.8 Unearned revenue 56.2 Additional information: 1. On December 31,2023 , Accounts Receivable was $603.3 thousand and the Allowance for Doubtful Accounts was $36.6 thousand. 2. The receivables turnover was 8.4 the previous year. Calculate the receivables turnover and collection period. Compare these results with the previous year's results and comment on any trends. (Use 365 days for calculation. Round answers to 1 decimal place, egg 15.1.)