There are lots ways to secure coiled cable, including tape, but Shurtape 724 paper label tape is not one of them.
The adhesive on this tape can interact with the natural rubber jacket on some cables, leaving a residue when the tape is removed.
This residue is not a problem on surfaces like sound consoles and patch bays, but it can cause a sticky problem on some audio cables.
Instead of tape, we recommend Velcro One Wrap Straps for cable bundling and coiling. Those are adhesive free.