Presented here is selected financial information from the 2014 financial statements of Nike (in US$ millions) and Adidas (in euro millions):

Instructions
Calculate the receivables turnover and average collection period for both companies and compare the two companies. Comment on the difference in the two companies' collection experiences.
Taking It Further
Adidas's financial statements are prepared using euros, while Nike uses U.S. dollars. How does this affect our ability to compare sales for the two companies? To compare the receivables turnover and collection period?

Nike Adidas Sales Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (net), beginning Accounts receivable balance (net), ending $27,799 104 78 3,117 3,434 14,534 120 139 1,809 1,946