As others have said, “flip-coiling” is the technique used by pros who are handling essential cables every day (16-channel audio snakes, for example). Iit’s fast once you learn it, it minimizes damage to the cable, it minimizes tangling of the cable, and (unless your cable was previously kinked by coiling it the wrong ways) it makes a nice neat coil.
It has the same benefits for ropes, garden hoses, and so on.
A few minutes to learn, a lifetime of benefit.