Assume the Hickory Company has the following data related to its accounts receivable:

\begin{tabular}{|c|c|c|}

\hline & 1999 & 2000 \\

\hline Net sales. . . . . & $\$ 1,425,000$ & $\$ 1,650,000$ \\

\hline \multicolumn{3}{|l|}{ Net receivables: } \\

\hline Beginning of year. . . . & 375,000 & 333,500 \\

\hline End of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 420,000 & $375,000 \quad$ \\

\hline

\end{tabular}

Use these data to compute accounts receivable turnover ratios and average collection periods for 1999 and 2000. Based on your analysis, is Hickory Company managing its receivables better or worse in 2000 than it did in 1999 ?