Revenue is different to Receipts as GimmeGimme tried to tell people. If you run a business, you always have a number of receipts payable and expect to have them paid - that's normal business. Revenue is counted as Cash that has come in. So in the past quarter, its quite simple, the company has received revenue during the quarter that is different to the value of Receipts. That is my understanding of the quarterly on quarterly numbers. Its business accounting, possibly should have been made much more clear in the commentary but most financial types would likely understand the accounting terms.
DYOR
Revenue is different to Receipts as GimmeGimme tried to tell...
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