Sleep Number (FRA:SL2) Days Payable: 79.07 (As of Mar. 2026) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:SL2 Sleep Number Corp FRA:SL2
53 GF Score
Price €0.13
GF Value €47.02
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Sleep Number Days Payable?

Sleep Number FRA:SL2 53 Days Payable is 79.07 as of Mar. 2026, which is 11% above its 10-year median of 71.23. GuruFocus rates FRA:SL2 with a GF Score™ of 53/100 and a GF Value™ of €47.02 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Sleep Number ranks better than 55.53% on this metric.

Sleep Number's average Accounts Payable for the three months ended in Mar. 2026 was €101 Mil. Sleep Number's Cost of Goods Sold for the three months ended in Mar. 2026 was €116 Mil. Hence, Sleep Number's Days Payable for the three months ended in Mar. 2026 was 79.07.

The historical rank and industry rank for Sleep Number's Days Payable or its related term are showing as below:

FRA:SL2' s Days Payable Range Over the Past 10 Years
Min: 53.62   Med: 71.23   Max: 82.84
Current: 73.88

During the past 13 years, Sleep Number's highest Days Payable was 82.84. The lowest was 53.62. And the median was 71.23.

FRA:SL2's Days Payable is ranked better than
55.53% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.855 vs FRA:SL2: 73.88

Sleep Number's Days Payable increased from Mar. 2025 (67.34) to Mar. 2026 (79.07). It may suggest that Sleep Number delayed paying its suppliers.


Sleep Number Days Payable Historical Data

* Premium members only.

The historical data trend for Sleep Number's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sleep Number Days Payable Chart

Sleep Number Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.24 65.75 72.48 63.95 75.18

Sleep Number Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.34 79.29 73.05 66.52 79.07

FRA:SL2 vs LBRA, LUVU, SN: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sleep Number's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sleep Number Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's Days Payable distribution charts can be found below:

* The bar in red indicates where Sleep Number's Days Payable falls into.


FRA:SL2
53GF Score
Sleep Number Corp FRA:SL2
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sleep Number Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sleep Number's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (102.776 + 100.752) / 2 ) / 494.038*365
=101.764 / 494.038*365
=75.18

Sleep Number's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (100.752 + 100.682) / 2 ) / 116.232*365 / 4
=100.717 / 116.232*365 / 4
=79.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 79.07 mean?
Sleep Number (FRA:SL2) has a Days Payable of 79.07 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sleep Number and its competitors. This is 11% above median its historical median of 71.23. Over the past decade, Sleep Number's Days Payable has ranged from 53.62 to 82.84. According to the industry distribution chart, Sleep Number ranks #185 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 44.5%.
Is Sleep Number's Days Payable too high?
Sleep Number's current Days Payable of 79.07 is 11% above median its 10-year median of 71.23. Over the past 10 years, this metric has ranged from a low of 53.62 to a high of 82.84. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.86. Sleep Number's value of 79.07 is 23.8% above this industry median. Based on the distribution chart, Sleep Number ranks #185 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Sleep Number has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sleep Number's Days Payable compare to LBRA and LUVU?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sleep Number ranks #185 out of 416 companies for Days Payable. This puts Sleep Number in the upper half of its industry. The industry median Days Payable is 63.86. Sleep Number's value of 79.07 is 23.8% above this benchmark. Historically, Sleep Number's own Days Payable has ranged from 53.62 to 82.84 over the past decade. While the company's 10-year median is 71.23 vs. the industry median of 63.86, Sleep Number has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.86, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sleep Number's current Days Payable of 79.07 is 23.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sleep Number and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sleep Number's current Days Payable is 79.07, which is 11% above median its own 10-year median of 71.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Number stock overvalued right now?
Based on GuruFocus' analysis, Sleep Number (FRA:SL2) is currently considered Possible Value Trap. The stock's GF Value™ is €47.02, compared to a current price of €0.13 — trading 99.7% below its estimated fair value. The current Days Payable is 79.07, which is 11% above median its 10-year median of 71.23 and 23.8% above the Furnishings, Fixtures & Appliances industry median of 63.86. Sleep Number's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sleep Number (FRA:SL2), the current Days Payable is 79.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sleep Number (FRA:SL2) Overvalued in 2026?

Based on GuruFocus' analysis, Sleep Number stock appears to be undervalued. The current stock price of €0.13 is trading 99.7% below its estimated GF Value™ of €47.02. GuruFocus considers Sleep Number to be Possible Value Trap.

Key valuation signals for FRA:SL2:

  • Days Payable: 79.07 (11% above median its 10-year median of 71.23)
  • GF Value™: €47.02 vs. price of €0.13 (99.7% below fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 23.8% above the Furnishings, Fixtures & Appliances median (#185 of 416)

No single metric tells the full story. See the FRA:SL2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sleep Number Business Description

Other Exchanges SNBR:USA
Address 1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp is a designer, manufacturer, marketer, and retailer, which allows it to offer consumers high-quality, individualized sleep solutions and services. It also offers FlextFit adjustable bases, and Sleep Number pillows, sheets, and other bedding products. The company generates revenue by marketing its innovations directly to new and existing customers and selling products through its Stores, Online, Phone, Chat (Total Retail), and Other. It focuses on personalized sleep wellness, with mattresses designed to evolve with each sleeper to help them feel and perform well, featuring adjustable firmness, pressure-relieving support, and temperature-balancing comfort built into every mattress. Its products include mattresses, bundles, bedding, pillows, and furniture.
53GF Score

Get the complete analysis for FRA:SL2

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.13
Price
€47.02
GF Value