Vulcan Materials Company , the nation’s largest producer of construction aggregates, is head-quartered in Birmingham, Alabama. The company had 2011 sales of $2,565 million. Beginning and ending net accounts receivable as of December 31, 2010 and 2011 were $261 million and $299 million, respectively.

Compute Vulcan’s accounts receivable turnover and average collection period for the fiscal year. Assume all sales are on open account.