When I was in the Army, for a brief time I was able to moonlight as a mechanic and pump gas part time at a full service gas station in order to supplement my income enough to take some college courses . We had all of our belts and hoses hanging from hooks high up on the walls mostly to keep them out of the way and allow an easy visual sight of inventory plus to prevent them from easy access by people who would rather not have to pay for things
We had a tool similar to yours