Accounts Receivables reflects due payments for sales/services which have been fulfilled, but haven't been paid - normally they account for a small fraction of total sales/services, but are tallied to balance cash flow accounting with revenue/expense ledgers.
In Sevu's case, Accounts Receivable are inordinately high. Accounts Receivable over 30% of total revenue usually indicates deficencies in the Accounting, Billing, Contractual or Collection capabilities of the company.
The Accounts Receivable portion of the Sevu Balance Sheet state Account Receivables of $ 1,240,000, which is nearly 70% of 2nd Quarter Revenues.
For those who need a simpler explanation, here goes:
This is like "Wimpy" buying 936 Hamburgers today, but not paying 'till Tuesday. Only in this case, Tuesday is July 3, 2001.
Bad thing is, we're the one giving Wimpy the credit.
--
later
Market Data 
Markets 
AI
