A #120^o# is in Quadrant II with a reference angle of #60^o#
#60^o# is a standard angle with #tan(60^o) = sqrt(3)# #color(white)("XXXX")##color(white)("XXXX")##color(white)("XXXX")##rarr cot(60^o) = 1/sqrt(3) = sqrt(3)/3#
In Quadrant II, #tan# (and, therefore, #cot#) is negative,
so #color(white)("XXXX")##cot(-240^o) = -sqrt(3)/3#