Ignoring the inventory value of a business, what are the underlying trends that tell us a enterprise is past the growth phase? Commonly, we are going to see the craze of equally return on funds utilized (ROCE) declining and this normally coincides with a reducing amount of cash used. This suggests to us that the company is not only shrinking the dimensions of its web property, but its returns are slipping as perfectly. So right after we appeared into Synectics (LON:SNX), the tendencies over did not glance also great. Being familiar with Return On Funds Utilized (ROCE) For all those that aren’t positive what ROCE is, it steps the amount…