valuating Accounts Receivable Turnover for Competitors Procter & Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances (S millions) for 2015 and 2014. Procter & Gamble Colgate-Palmolive Accounts Receivable Accounts Receivable S millions Sales $4,861 6,386 Sales $16,034 17,277 $1,427 1,552 80,510 a. Compute the accounts receivable turnover and DSO for both companies for 2015 h. Identify and discuss a potential explanation for the difference between these competitors' accounts receivable ratios