Admittedly we're not all that versed on the ins and outs of how Google pays developers for apps purchased from
the Android Market Google Play. But one thing we do know is an angry mob (editors are particularly good at spotting them), and one appears to be growing in the Google Checkout Merchant forums. In a nearly week-old thread with more that 100 posts, it seems a growing number of European devs have yet to receive payment for February. Almost worse is that they apparently aren't getting much in the way of explanation.
Developers are the lifeblood of any platform. (Perhaps you've heard.) Let's hope this gets straightened out soonest.
Source: Google Product Forums