Pease check if the Closed Date is updated on the cancelled receipt. If it is not, that can be the reason for showing this on the Received not Yet Invoiced Report.

As per the standard functionality, the closed date should be updated when cancelling the receipts.

May be it was not updated at this time due to a some uncertain reason.

This can be fixed from a data repair by updating the closed date.

I have checked and unable find a bug causing this issue.

Thanks Anushka, that helps :)